USA. Potomac riverside hotel to expand with private marina

Saturday, 22 July 2006

Gaylord Entertainment announced today that the additional economic incentives that it has requested to fund an expansion at the Gaylord National have been approved by the Prince George's County Council. Gaylord Entertainment will proceed with the 500-room expansion, bringing the hotel from 1,500 to 2,000 rooms. The Gaylord National is expected to open at the end of the first quarter 2008, and the 500-room expansion is expected to open on or near that date.

"We are quite pleased that the Prince George's County Council has come to this decision," said Colin V. Reed, chairman and chief executive officer of Gaylord Entertainment. "This agreement is fair and equitable to both Gaylord and to the County and we look forward to continuing our work on the Gaylord National, which will be the finest convention hotel on the Eastern Seaboard. We have already seen a tremendous amount of demand for the Gaylord National hotel, and believe that it will be a strong anchor for the National Harbor project."

Situated on the banks of the Potomac River and just outside Washington, D.C., the Gaylord National will be part of the 300-acre National Harbor development, located in Prince George's County, Maryland.

The property will feature:

-- 2,000 luxurious guest rooms

-- Approximately 470,000 square feet of exhibition and meeting space

-- A soaring 18-story glass atrium that will crown the hotel, with spectacular views of national monuments, historic landmarks, and the Potomac River

-- A private marina offering sailing, fishing and other water sports

-- Relache, a 20,000-square-foot spa and fitness center with indoor lap pool

Last Updated ( Saturday, 22 July 2006 )