VICI Properties Inc. is set to release its fourth-quarter and full-year financial results for 2025 on February 25, 2026. The announcement will follow after the market closes on the New York Stock Exchange, highlighting the company’s impressive tourism assets. VICI, a leading real estate investment trust (REIT), owns a vast portfolio of iconic properties, including some of the most significant hospitality and entertainment facilities across North America. Among its holdings are Caesars Palace Las Vegas, MGM Grand, and The Venetian Resort Las Vegas, all of which are known globally for their luxurious accommodations, entertainment offerings, and exceptional tourism experiences.
Key Tourism Assets in VICI’s Portfolio
VICI Properties has established itself as a powerhouse in the tourism sector, with an expansive portfolio that includes 93 properties. These assets are spread across diverse geographical locations, with a notable concentration in major entertainment destinations. The company owns 54 gaming properties and 39 other experiential properties in the United States and Canada, which are integral to the tourism infrastructure in these regions.
Las Vegas remains the beating heart of VICI’s portfolio, with landmarks such as Caesars Palace, the MGM Grand, and The Venetian Resort, all contributing to the city’s renowned reputation as a premier global tourism destination. These properties are often at the centre of Las Vegas’ tourism draw, with millions of visitors each year coming to experience world-class entertainment, dining, and gaming.
The Role of Gaming and Leisure in Tourism
VICI Properties’ investments in gaming, hospitality, wellness, and entertainment significantly contribute to the tourism economy, both regionally and nationally. The company’s gaming properties alone account for a substantial portion of its real estate, with notable casinos and resorts that cater to a wide range of tourists. These include both high-rollers seeking luxurious experiences and casual visitors looking for a more laid-back getaway.
Beyond gaming, VICI’s portfolio also spans a variety of leisure and wellness destinations. The company has formed strategic partnerships with operators like Cabot, Cain, Canyon Ranch, and Kalahari Resorts, which enhance its diverse tourism offerings. These collaborations align with VICI’s commitment to providing exceptional guest experiences that go beyond traditional gaming. With wellness resorts, family-friendly activities, and world-class spas, VICI’s tourism properties cater to an ever-evolving market seeking a broader range of experiences.
A Diversified Portfolio Supporting Tourism Growth
The company’s real estate strategy focuses on acquiring properties with long-term growth potential in the tourism sector. VICI’s portfolio spans approximately 127 million square feet, including more than 60,000 hotel rooms, along with over 500 restaurants, bars, nightclubs, and sportsbooks. This diverse mix of facilities enhances its appeal to both leisure and business travellers, providing a holistic tourism experience.
In addition to its gaming and entertainment assets, VICI also owns several championship golf courses and land parcels near major tourist destinations, like the Las Vegas Strip. These properties contribute to the overall tourism landscape by attracting visitors with interests in golf and outdoor activities. Furthermore, VICI’s extensive portfolio of land adjacent to the Strip presents future opportunities for development, with potential new tourism facilities designed to cater to the increasing demand for immersive and unique travel experiences.
VICI’s Commitment to Expanding Experiential Tourism
VICI Properties’ growth strategy revolves around partnering with the highest-quality experiential place makers and operators to create engaging tourism experiences. This focus on experiential real estate is key to ensuring the company remains at the forefront of the tourism industry, with each asset being carefully selected to meet the evolving needs of global tourists. By continuously upgrading its portfolio and collaborating with top-tier operators, VICI is enhancing the appeal of its properties and ensuring they contribute to sustainable tourism growth.
With its focus on premium hospitality, entertainment, and wellness, VICI Properties continues to shape the tourism landscape. Its long-term, triple-net lease agreements with industry-leading operators help maintain stability in the sector while supporting ongoing tourism development.
Looking Ahead to 2025
As VICI Properties prepares to release its financial results for 2025, the focus will undoubtedly remain on the performance of its tourism-related assets. The company’s portfolio has shown resilience and growth, with tourism remaining a central driver of its success. As more visitors return to the iconic destinations under VICI’s umbrella, the company’s investment in tourism infrastructure promises to offer sustained economic benefits.
By maintaining strong partnerships with top-tier operators and continuously expanding its offerings, VICI Properties is set to remain a leading player in the tourism and hospitality industries for years to come.
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