Gaylord's DC Area Development Exceeds Pre-Booking Record
NASHVILLE, TN, February 23, 2006. Advance booking for rooms and convention facilities at Gaylord Hotels' $850 million National Harbor development, which is scheduled to open in 2008 in Prince George's County, has surpassed pre-construction contracts signed at its other locations, according to the latest data from the company.
Large groups and conventions have reserved 547,000 room nights at the hotel, which anchors the National Harbor development on the Potomac River. Viewed consecutively, all of those nights- booked over the next several years- translate to 9.5 months of business with the hotel filled to capacity.
Conventions are typically booked three to four years in advance and a financial commitment is required to hold a date, so the company said it is confident the bookings will hold up.
The interest in Gaylord National, as the Prince George's hotel is known, has prompted the company to expand its plans for the hotel, increasing the number of rooms by 500, to a total of 2,000.
The company and county officials jointly announced a funding plan to pay for the additional rooms and boost the amount of meeting space by 30,000 square feet to 450,000 square feet. The hotel also well include three restaurants, a nightclub, salon, biking path and marina.
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