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Hotels Expand Along with Theme Parks

ORLANDO-The nation's second-largest hotel market will add at least 4,000 rooms this year.

By Carl Cronan | Updated on March 25, 2009

(Carl Cronan is editor of Real Estate Florida.)

ORLANDO-The theme-park capital of the world is adding attractions this year, and hoteliers are unlocking more rooms to accommodate those vacationers who can still afford to make the trip. Another 4,100 rooms are being added to the second-largest US hotel market that were planned in past years when the economy was still in sound shape.

Openings in the Orlando market for 2009 range from the new 1,500-room Waldorf-Astoria at Bonnet Creek to Fairfield Inn and SpringHill Suites at SeaWorld, with 200 rooms each, according to the Orlando/Orange County Convention & Visitors Bureau. Future openings call for more than 1,500 new rooms in 2010, followed by another 800 in 2011. Last week, Holiday Inn Express opened its fourth area location at Orlando-Ocoee East, with 104 rooms.

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