Business
Marriott International, RIDA Development Corporation, and Ares Management Announce Commencement of Construction of Gaylord Pacific Resort and Convention Center
Gaylord Hotels' Expands Footprint with Sixth Resort and Convention Center in Southern California BETHESDA, Md., July 27, 2022 /PRNewswire/ -- Marriott
About this update from Marriott International
[{"type":"text","content":"Gaylord Hotels' Expands Footprint with Sixth Resort and Convention Center in Southern California \nBETHESDA, Md., July 27, 2022 /PRNewswire/ -- Marriott International, Inc. today announced the commencement of construction on the Gaylord Pacific Resort and Convention Center (the \"Gaylord Pacific\"). A ceremony was held this morning on the 500+ acre Chula Vista Bayfront, site of the anticipated 1.8 million-square-foot Gaylord Pacific. The event was attended by the Gaylord Pacific's developers RIDA Development Corporation (\"RIDA Development\") and Ares Management (\"Ares\"), finance partners, officials from the City of Chula, Port of San Diego, and State of California, Marriott executives, group customers, and other project supporters. \"We are thrilled to announce the growth of the Gaylord Hotels brand with the addition of the Gaylord Pacific Resort & Convention Center,\" said Anthony Capuano, CEO, Marriott International. \"Adding a West Coast group destination of this scale and quality to Marriott's portfolio will provide our customers the exceptional meetings and events service and design that the Gaylord Hotels brand is known for in a highly desired, premier Southern California location.\" Marriott International will manage the resort and convention center under a long-term management agreement. Russ Mitchell, most recently Director of Sales and Marketing at the Marriott Marquis San Diego Marina, will serve as the Director of Sales and Marketing for the Gaylord Pacific and will lead a team with the goal of pre-booking more than 1.5 million room nights prior to opening. The Gaylord Pacific is anticipated to have 1,600 hotel rooms, including 89 spacious suites with 12 Presidential suites. The project is expected to welcome its first guests in the summer 2025 and to serve as a key component of the Chula Vista Bayfront, located in Chula Vista and within close proximity to San Diego. The resort will offer 360-degree views with San Diego Bay to the west and Chula Vista Marina to the south providing unobstructed views across the bay and on to the Pacific Ocean. Master of Ceremonies for the event, Ira Mitzner, CEO of RIDA Development Corp, stated, \"The closing of the Gaylord construction loan and the commencement of construction will bring over 10,000 construction jobs and over 4,000 direct and indirect permanent jobs to the state o...