LAKE BUENA VISTA, FL-After nearly four decades operating outside the perimeter of Walt Disney World, Holiday Inn has unlocked its first hotel on resort property. The 14-story, 323-room hotel formally opened last week and reported a nearly sold-out crowd in its first weekend.

InterContinental Hotels Group, which owns the iconic Holiday Inn brand, invested $35 million in renovations to the hotel that originated in 1973 as a Howard Johnson hotel and later carried the Courtyard by Marriott brand. The hotel was acquired by IHG in 2003 and has been closed for the past six years after sustaining hurricane wind damage.

Although Holiday Inn has several locations throughout the area surrounding Disney World west of Orlando, this is the first location to actually open on Disney property. The longtime hotel flag has had a strong presence near Disney’s four local theme parks dating back to the 1971 Magic Kingdom opening.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.