CANYON RANCH NAMED BEST SPA IN THE WORLD
Venetian Spa Operator Recognized by Travel & Leisure Magazine

Press Release: The Venetian

September 1, 1999
LAS VEGAS, NV--The prestigious Canyon Ranch Health Resort in Tucson, Ariz., operator of the new Canyon Ranch SpaClub inside The Venetian Resort-Hotel-Casino, was named "World's Best Spa'' according to the Sept. 1999 issue of Travel & Leisure magazine.

Also included in the "Top Spas'' category is Canyon Ranch, in the Berkshires in Lenox, Mass., which placed third.

"We are excited to see Canyon Ranch receive the accolades it well deserves, as the finest spa in the world,'' said Rob Goldstein, president of The Venetian. "The Canyon Ranch® SpaClub(TM) offers Venetian guests an unparalleled spa experience complementing the finest in resort hospitality with a luxurious all-suite product and a mix of premier retail and fine dining experiences,'' added Goldstein.

Canyon Ranch's exclusive, state-of-the-art facility at The Venetian features more than 100 spa services, including massage and therapeutic bodywork, body treatments, and facials. Additionally, the SpaClub offers a complete fitness facility with classes; wellness center featuring physicians, nutritionists, and educators; a full-service beauty salon; a retail store; and The Canyon Ranch Cafe, serving its world-famous spa cuisine.

The Canyon Ranch SpaClub adds another luxurious dimension to The Venetian complex, which offers guests 3,036 hotel suites, 120,000 square feet of gaming floor, 500,000 square feet of retail space at The Grand Canal Shoppes, 500,000 square feet of meeting space at The Venetian Congress Center, and a direct link to the 1.2 million square foot Sands Expo and Convention Center.

Built at the site of the former Sands Hotel and Casino, The Venetian introduces the first all-suites hotel on the ``Strip'' with 3,036 suites (note, the standard room averages 700 sq. ft. and includes two 27" color televisions, a safe, a mini bar, a fax machine which doubles as a copier and computer printer, three telephones, and other lavish appointments to accommodate business and frequent independent travelers).

Mirrored after Renaissance-Venice, the highly-themed resort includes waterways, gondolas, and replicas of Venetian landmarks such as the Doge's Palace, the Rialto Bridge, the Ca D'Oro and the Campanile Tower. ``The Grand Canal Shoppes,'' the complex's indoor mall area, features a one-quarter mile Venetian streetscape with intimate ``piazza''- style settings and a ``Grand Canal'' running its length with a fleet of functional gondolas, singing gondoliers, and waterside cafes crossed by authentically-styled Venetian bridges.

The Venetian Resort-Hotel-Casino opened May 3, 1999 and includes some of the finest themed entertainment concepts in the United States. In addition to brand name and exclusive boutique shopping in The Grand Canal Shoppes, The Venetian has the first ever stateside Madame Tussaud's wax museum, a 65,000 square foot SpaClub by Canyon Ranch, and restaurants such as Emeril Lagasse's Delmonico Steakhouse, Joachim Splichal's Pinot Brassiere, Canaletto by the creators of Il Fornaio, Eberhard Muller's Lutece, Grand Lux Cafe by the creators of the Cheesecake Factory, Piero Selvaggio's Valentino, Stephan Pyle's Star Canyon and Taqueria Canonita, Gian Paolo Belloni's Zefferino, and Kevin Wu's Royal Star.

Canyon Ranch is dedicated to promoting healthy living education and awareness through fitness, nutrition, and lifestyle change. The SpaClub at The Venetian is the third Canyon Ranch facility, joining the company's award-winning destination health resorts in Tucson, and Lenox.

For additional information, visit The Venetian Web site at www.venetian.com.