CHARLOTTE, NC Park Place Development Group, an operating division of Park Place Hospitality here, will be constructing a pair of upper-end, extended-stay properties one in Gastonia, NC in April, the other slated for Gainesville, FL in June. Park Place will operate, and be part owner of, both properties when they open after their year-long development.
In addition to these new-builds, Park Place President Ron McCauley noted the year-old diversified lodging organization is also currently negotiating for the acquisition of existing full-service hotels in Orlando and Baltimore. He added that the Orlando property would be a conversion, while the Baltimore facility would likely continue under its existing flag. (2/23/01) Michael Billig