NBCUniversal President and Chief Executive Officer Steve Burke told investment analysts that Universal Orlando hopes to add thousands of hotel rooms in the next couple of years—stating that the growing amusement resort could add 10,000 or 15,000 rooms and still have the occupancy numbers to make the park’s hotels profitable.
According to this report from the Orlando Sentinel the theme park resort is planning an aggressive expansion strategy. Currently Universal’s 2,400 hotel rooms are operated through joint ventures with Loews Hotels and Resorts. The Loews Cabana Bay Beach Resort will open up on theme park property next year, making the total room total 4,200.
Universal hopes that by adding a significant number of hotel rooms, it can compete better with neighboring Walt Disney World, which currently boasts over 26,000 hotel rooms and timeshare lodging options.
More at the Orlando Sentinel.
