The gated hotel complex, positioned around a 30-acre natural lake, comprises a 312-room Courtyard, a 388-room Fairfield Inn and a 400-room SpringHill Suites. It's the first package deal of its kind done this year, according to local area hotel brokers. Marriott will continue to operate the hotels under a long-term lease with CNL.

"This premiere location and unique village concept, combined with Marriott's brand loyalty and operational excellence, ensures this property will be a sought-after destination by travelers and a long-standing success," CNL Hospitality Corp. chief operating officer Charlie Muller tells GlobeSt.com.

The three properties offer a total 5,000 sf of event and meeting space. Unlike Marriott's conventional hotels that cater primarily to business travelers, the three hotels were designed around metro Orlando's vibrant tourist market. The properties offer special amenities for families and children that the business hotels do not have. Among those features are a Kids Club, an educational and creative facility at each property; the vacation home of Aardvark, Arthur; a Village Green complete with a food court; park benches; a video emporium; and resort-style pools, fitness centers, Sony Playstations and children's interactive water play zones.

Three restaurants are located within the hotel complex, including the recently-opened Bahama Breeze being developed by CNL Franchise Network. Adjacent to the hotel properties is the Orlando Premium Outlets Shopping Center, the area's newest retail attraction housing 100 brand-name stores. Besides Disney, attractions minutes away are Sea World, Universal Studios and the four-million-sf Orange County Convention Center on International Drive.

CNL's acquisition increases its lodging portfolio of Marriott hotels to 31 properties in 16 states. Among the properties are 498-room Courtyard in Downtown Philadelphia; a 256-room Residence Inn in Las Vegas; a 250-room Courtyard on Lake Union in Downtown Seattle; and a 266-room Marriott Suites in the Market Center of Dallas.

CNL Hospitality Corp. is the hotel industry investment and development division of Orlando-based CNL Financial Group Inc. whose $4 billion portfolio covers 2,900 properties in 48 states. CNL Hospitality Corp.'s total portfolio comprises 33 hotels with 7,188 rooms in 17 states.

Instant Insights /

CNL Buys Marriott's Three-Hotel Village at Little Lake Bryan for $104 Mil

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