SEARCH NEWS:

 

New trend in Atlantic City hotel growth

ATLANTIC CITY, New Jersey -- As reported by the Press of Atlantic City: "It may be early, but the signs are unmistakable.

"Atlantic City's business leaders are rushing to find rooms for the growing number of tourists.

"Cranes towering over the city are assembling hotel additions to the Borgata Hotel Casino & Spa, Harrah's Atlantic City and Trump Taj Mahal Casino Resort.

"But for the first time in memory, investors outside the casinos are spending tens of millions of dollars to renovate or build three separate hotels in the resort without public subsidies.

"These generally high-end properties add nearly 600 rooms to the city. They include a two-year renovation of a former Quality Inn, a plan to combine two down-market destinations into a designer hotel and a small boutique establishment that just cleared the city's zoning board this month.

"The head of the Atlantic City Convention and Visitors Authority similarly thought now was a good time for hotels.

"...The first of the new wave of hotel development to open likely will be the new Courtyard at Marriott, in the homestretch of an $8.4 million renovation and expansion that would add about 200 rooms.

"...The next to open probably will be a $93 million project that takes the resort's separate Holiday Inn and Howard Johnson and turns them into a single upscale property called 'The Chelsea' designed to shelter the young, hip and affluent resort visitors.

"...Resort businessman Spiros Trupos received zoning board approval Oct. 11 to build a boutique hotel called 'The Adelphia' across the street from The Quarter at Tropicana Casino and Resort..."

copyrighted material written for and appeared exclusively in The Press of Atlantic City

< Gaming News