A city that's spent decades as Orlando's cheaper cousin is betting a 300-room luxury hotel and convention center can finally make tourists sleep downtown instead of just driving through it. The deal structure is fascinating... and the math deserves a closer look.
A city government buys a former Sheraton for $36,700 per key, slaps a new name on it, and says someone else will pay for the renovation. If you've been in this business long enough, you already know how this movie ends.
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