Hilton Hotels, Apollo Real Estate Advisors
and Rida Development Corp. have formed a joint venture to build the
Hilton Orlando Convention Center.
hotel is due to open in 2009.
Located on 26.4
acres just south of Orlandos Orange County Convention Center, the
18-story hotel will offer direct access to the convention centers
north concourse via a pedestrian sky bridge.
Estate Advisors and Rida Development Corp. will be the majority
owners of the hotel, while Hilton will manage the hotel and have a
minority ownership interest.
Hilton said the
hotel is poised to take advantage of a booming Orlando convention
market that currently offers relatively few hotel rooms within
walking distance of the convention center.
The hotel will
have 130,000 square feet of meeting space, including 38 meeting
rooms, a spa and fitness center, an Italian restaurant, a
fine-dining restaurant, a sports bar, a lobby lounge and a
the reporter who wrote this article, send e-mail to [email protected].