SAN DIEGO — The San Diego port district Tuesday approved the debt restructuring and change of operators at the Hotel Inter-Continental in San Diego, paving the way for Marriott Corp. to become the operator of what soon will be San Diego's largest hotel.
Open since 1984, the 681-room Inter-Continental will more than double in size in December when a second 683-room tower is completed. Situated on San Diego tidelands, the hotel is adjacent to the San Diego Convention Center, which is under construction and scheduled for completion in the fall of 1989.
Marriott officials who attended the port district meeting refused to say when they expect to formally take control of the hotel. But Michael Cairns, Inter-Continental's area chief executive for North America, said in an interview that the keys will be handed over tonight at 11:59 p.m. if the necessary documents are signed today, as expected.
By taking over operation of the hotel, which is expected to be renamed, Marriott will strengthen its position as a leading West Coast convention hotelier. The chain, based in Bethesda, Md., runs a 1,042-room convention center hotel in Anaheim and a 1,012-room hotel at Los Angeles International Airport. It is building a 1,500-room complex adjacent to Moscone Center in San Francisco and a 375-room hotel in Century City.