Riviera Point Development Group Building New Dual Brand La Quinta Inns & Suites and Tryp by Wyndham Near SeaWorld

Riviera Point Development Group | May 2, 2018

Miami, Fl. [May 2, 2018] Miami-based Riviera Point Development Group has obtained a $10.7 million construction loan to build a dual brand hotel on International Drive near SeaWorld. The development's first phase will consist of a 101-room La Quinta Inns & Suites and phase II will consist of a 98-room Tryp by Wyndham SeaWorld. The lender was Miami-based Apollo Bank. The deal closed on Monday, April 23. The loan is a great endorsement for a project that stands to benefit from Orlando's 68 million-tourism industry. "It is an honor and a privilege to build a dual brand hotel development in one of the nation's fastest growing markets," s...