ORLANDO With the 650-room Hard Rock Hotel up and running here, Universal Orlando and Loews Hotels have turned their attention to the final piece of their current three-hotel partnership. Next up is the 1,000-room Royal Pacific Resort, which will offer rooms slightly lower in price (about $170 per night), as compared with $185 at Hard Rock and $235 at Portofino Bay Hotel. Royal Pacific development is underway, and the property is expected to open in June 2002.
Once the Royal Pacific hotel opens, the partners, which also include Rank Group PLC, will decide whether or not to continue building hotels together. An expansion of the partnership could add three more properties with several thousand rooms. (3/12/01)
SOURCE:The Orlando Sentinel