Operations
Primary
Apr 16
Disney is gutting and renaming Pop Century Resort as part of a $60 billion parks investment blitz. If you're an independent or branded select-service within 30 miles of Orlando, the competitive pressure just changed shape... and not in the direction you were hoping.
Visions Hotels bought a struggling 356-key full-service Marriott out of foreclosure for $14.4 million and is now pouring up to $25 million into renovations... nearly double the purchase price. The new restaurant getting all the press is just the tip of a very expensive iceberg.
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