The Rio All-Suite Hotel & Casino announced Thursday it will partner with Hyatt Hotels Corp. to rebrand and renovate the more than 2,500-room property just west of the Las Vegas Strip.

The two companies said the redevelopment will affect hotel amenities, the casino floor and stores, food and beverage locations.

Dreamscape founder and CEO Eric Birnbaum called the property a perfect space for a multipurpose venue, and welcomed Hyatt’s involvement.

Dreamscape purchased the Rio from Caesars Entertainment in December 2019 for $516 million.

Rio Marquee

Rio Hotel & Casino