Orlando Hyatt + 4 pts Sheraton Close

jjcollins

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Aug 26, 1999
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Two long-established Orlando hotels, which together have more than 1,200 rooms, are closing, raising questions about whether older hotels can survive the opening of several new ones in the nation's second-largest lodging market.
More than 4,000 new hotel rooms are expected to be added by the end of next year in metro Orlando, which already has 110,000 rooms. Nationally, only Las Vegas, with 126,000 rooms, has more.

Employees at the 281-room Four Points Sheraton, a landmark downtown hotel, were told last week that the hotel would close at the end of next month. The 350 employees at the 919-room Orlando Hyatt, just down the street from the entrance to Walt Disney World, were told Thursday that their last day of work would be Friday.

The owner of the hotels, Orlando Hyatt Hotel Associates, has been in bankruptcy court.

Mel Bettcher, general manager of the Orlando Hyatt, and Michael Klein, general manager of the Four Points Sheraton, didn't return phone calls for comment, nor did R. Scott Shuker, the owner's bankruptcy attorney.

The hotel closings are isolated incidents and don't reflect larger problems with Orlando's hotel market, said Bill Peeper, executive director of the Orlando/Orange County Convention & Visitors Bureau.



jj........ :eek:
 












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