Disney Buys Land at National Harbor, Md.

Walt Disney Parks and Resorts’ first and only stand-alone resort hotel, Ko' Olina, is under construction on the Hawaiian island of Oahu—but a second may not be far behind. The company just announced its purchased of a 15-acre site in the 300-acre National Harbor development on the Potomac River in Maryland.

A Disney property at National Harbor would be the seventh hotel for the mixed-use development. The $865 million, 2,000-room Gaylord National Resort and Convention Center opened here in April 2008, claiming the largest combined hotel and convention center on the Eastern Seaboard, with 470,000 square feet of meeting and exhibit space. National Harbor also has Westin, Hampton Inn & Suites, Residence Inn by Marriott, aloft, and Wyndham Vacation Resorts properties.

Disney doesn’t have any official comment on the size or time frame for the project, but published reports say initial plans call for 500 rooms. Disney purchased the property from Peterson Cos. for $11 million.

In a press release, Jay Rasulo, chairman of Walt Disney Parks and Resorts, called the site a “unique opportunity” and praised the location. “As we began identifying possible locations to grow our business, the Washington, D.C., area immediately jumped to the top of the list,” he said. “National Harbor offers an array of entertaining activities for regional visitors, but it is also a base camp, from which visitors from around the world can explore the stirring sights and inspirational stories of our nation’s capital.”

RSS Share

Want to use this article? Click here for options!
© 2012 Penton Media Inc.


Acceptable Use Policy
blog comments powered by Disqus

Search 125,000+ Venues

Search Meeting Space

Find Event Venues with Cvent

The Meeting Planning Blog

NEW! Capsules Latest Posts

Sign Up for Our Free E-Newsletters



Meetings Collaborative

Rate your experience with meeting venues and suppliers.

Facility / Hotel

 
Powered by: Meetings Collaborative

Latest Webinar

Beyond Marketing: What Else Social Media Can Do for Your Meetings
Thursday, May 24 | 2-3 p.m. EST

Most associations know that online social networks can be handy tools to spread the word about their meetings and events. But social media can do so much more than market. Our social media expert will uncover ways you can leverage social media to discover the educational content your members are craving, engage and energize your community, build relationships, and even simplify your meeting processes. Register Now!

VIEW ALL ARCHIVED WEBINARS

Recent Comments

Powered by Disqus

Back to Top

Explore Our Newsletters

On Medical Meetings


Meeting Planner Survival Guide

Whether you're a novice planner or a veteran, this compilation of must-read articles is your meeting planning resource.

Must-See Meeting Files

Visit the MeetingsNet expert-advice site, where we’ve got top meeting pros on camera answering a variety of your questions as well as a collection of educational—and sometimes offbeat—editors’ pick lists — from the top tech tools to the best books for meeting professionals.

Suppliers/
Facilities/CVBs

MeetingsNet makes it easy to find the CVBs, tourist boards, and facilities you need for your next meeting.

Deal Finder

Special offers brought to you by MeetingsNet.

Find A Job

Targeted to all aspects of the hospitality and special events industry.

SMM PORTAL

Your source for Strategic Meetings Management info and intelligence

Facebook   Twitter   LinkedIn   RSS Feed

Inside Current Issue

MM March 2012

March 2012

MM January 2012

Jan/Feb 2012

Nov/Dec 2011

Nov/Dec 2011

September/October 2011

July/August 2011

Browse Back Issues