HQ Hotel Update
The financial squeeze on major hotel projects that serve as convention center headquarters hotels isn't limited to Boston and L.A.
Just weeks before the April 29 groundbreaking in Denver for the expansion of the Colorado Convention Center, Mayor Wellington Webb pulled the plug on the deal for a 1,100-room Hyatt headquarters hotel to complement the expansion. The hotel now is expected to open sometime in 2005.
In Palm Beach County, Fla., plans for a 350-room headquarters hotel to be built next to the $80 million Palm Beach County Convention Center have been put on hold. That center is scheduled to open in 2003.
In Irving, Texas, a proposed new convention center may not get the go-ahead from the city until a deal for a headquarters hotel is reached. The convention center could be stalled if an adjoining hotel does not soon fall into place.
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
Acceptable Use Policy blog comments powered by Disqus
Advertisement
Advertisement
Sign Up for Our Free E-Newsletters
Meetings Collaborative
Rate your experience with meeting venues and suppliers.
| Powered by: Meetings Collaborative | |
Latest Webinar
Global Meetings: Risk Management A to ZFebruary 28 | 2p.m. EST
Organizations take on more risk than usual when booking meetings outside the U.S. Join our expert panelists and learn how to assess your overall risk, write contracts that protect your organization, manage currency exchange rate fluctuations, keep your travelers safe, and much more.
View it on-demand now!
VIEW ALL ARCHIVED WEBINARS
Advertisement



















