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.

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