Urban Commons Unveils World’s Largest Holiday Inn Resort With $27.5 Million Renovation Investment

USA, Orlando, Florida. July 02, 2019

Urban Commons, a Los Angeles-based real estate investment and development firm, has announced the successful rebranding of the former Nickelodeon Suites Resort to the Holiday Inn Resort Orlando Suites and Waterpark with a completed $27.5 million renovation. As part of a vision to broaden the hotel's seasonality and guest profile, the full-scale transformation extends across the waterpark and food and beverage spaces, introducing the world's largest Holiday Inn-branded resort to Orlando. Urban Commons acquired the Holiday Inn Orlando Suites and Waterpark in 2014 and with renovations now completed, revenue is anticipated to increase by $1.5 million.

"We are thrilled to reintroduce visitors to Orlando's only family inspired all-suite resort and waterpark," said Taylor Woods, Principal of Urban Commons. "With the updated waterpark, renovated suites and our expanded dining offerings, we have reinvigorated a resort in one of the country's leading tourism destinations to attract families, groups and business travelers."

Over 36 months, Urban Commons successfully transformed the property into a distinguished Holiday Inn franchise with updated guest rooms, lobby, café, lounge, meeting rooms and restrooms, which included renovations with new finishes, fixtures, furniture and other interiors, along with enhancing the waterpark with new pool surfacing, cabanas, outdoor furniture and a designated yoga area. The addition of the new Club Candy, a colorful sweet escape featuring treats and drinks; The Hideaway Lounge, a sleek full-service bar offering appetizers and snacks; Hershey's Ice Cream, a parlor serving hand-dipped ice cream and fresh-brewed coffee and a Subway, the resort now has a total of eight food and beverage outlets.

The Holiday Inn Orlando spans 24 acres and boasts 777 spacious suites across its six floors featuring complimentary WiFi, HD televisions, full kitchens or kitchenettes and shared living spaces. At the heart of the resort, the Lagoon Waterpark offers a fun aquatic adventure for guests of all ages with seven slides, a splash zone, kids' play area, a four-story water tower, a 400-gallon water dump tank, interactive water toys, climbing nets and water jets, two whirlpools, a basketball court and a nine-hole miniature golf course. Poolside entertainment includes water contests and competitions, live DJ dance parties, cannonball contests, movie nights under the stars and a daily Tsunami wave of blue water dubbed "The Big Wave."

The resort offers numerous amenities and services including family pools, a 3,000-square-foot arcade, a Laser Maze Challenge, a 4-D Experience Theater equipped with wind, water, bubbles, scents and snow, Mermaid Academy, nighttime family game shows at the Celebration Theater, fun daily events, shopping and dining at The Marketplace, a fitness center, a 24-hour business center and complimentary shuttles to leading attractions including Walt Disney World, Universal Orlando Resort and SeaWorld.

The Holiday Inn Resort Orlando Suites and Waterpark boasts a central location ideal for guests. The hotel is just a five-minute drive from the Walt Disney World Resort and is in close proximity to Universal Orlando Resort, SeaWorld, Legoland Florida Resort, Disney Springs, Disney's Hollywood Studios, Universal CityWalk, and many more dining and entertainment destinations.

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Coming up in August 2019...

Food & Beverage: Millennial Chefs Lead the Way

Led by Millennial chefs, hotels continue to foster sustainability, sourcing and wellness within their dining rooms and banquet spaces, and by all measures, this is responsible for an increase in their revenues. In many hotels, the food & beverage division contributes 50 per cent or more to hotel sales and they are currently experiencing double-digit growth. As a result, hotel owners are allocating an increasing amount of square footage for F&B operations. The biggest area of investment is in catering, which is thriving due to weddings, social events and business conferences. Hotels are also investing in on-site market or convenience stores that offer fresh/refrigerated foods, and buffet concepts also continue to expand. Other popular food trends include a rise of fermented offerings such as kombucha, kimchi, sauerkraut, tempeh, kefir and pickles - all to produce the least processed food possible, and to boost probiotics to improve the immune system. Tea is also enjoying something of a renaissance. More people are thinking of tea with the same reverence as coffee due to its many varieties, applications and benefits. Craft tea blending, nitro tea on tap and even tea cocktails are beginning to appear on some hotel menus. Another trend concerns creating a unique, individualized and memorable experience for guests. This could be a small consumable item that is specific to a property or event, such as house-made snack mixes, gourmet popcorn, macaroons, or jars of house-made jams, chutneys, and mustards -all produced and customized in house. One staple that is in decline is the in-room minibar which seems to have fallen out of favor. The August issue of the Hotel Business Review will document the trends and challenges in the food and beverage sector, and report on what some leading hotels are doing to enhance this area of their business.