Walt Disney Parks and Resorts announced it has purchased a 15-acre site in the National Harbor development near Washington, D.C., for a family-oriented hotel resort. The company bought the land for $11 million from the Peterson Cos., developers of the National Harbor complex in Prince George's County, Md.
Disney said the new resort hotel would be a standalone entity, with no theme park component. The company did not release a timetable for building the hotel.
"As we began identifying possible locations to grow our business, the Washington, D.C., area immediately jumped to the top of the list," said Jay Rasulo, Chairman of Walt Disney Parks and Resorts. "National Harbor offers an array of entertaining activities for regional visitors, but it is also a family-friendly base camp, from which visitors from around the world can explore the stirring sights and inspirational stories of our nation's capital. We believe National Harbor has the unique opportunity to offer a new level of family-friendly hospitality."
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