CHARLOTTE-The contracts for managing Portman Holdings’ new 700-room, $143-million convention hotel have been signed by Westin’s parent company, Starwood Hotels & Resorts Worldwide Inc. Starwood officials say the Westin brand’s international marketing power and global reach will open new economic opportunities for Charlotte’s business community. There are 120 Westin hotels in 26 countries.

A major asset of the hotel will be an on-site trolley station linking the convention district with the south side of Charlotte. The station is being funded through a grant from the city. The hotel complex will also provide parking for 1,500 vehicles.

The hotel will also provide more than 46,000 sf of meeting and pre-function space, and a full-service business center. A 16,276-sf grand ballroom will accommodate up to 1,350 people for banquets, and a 7,000-sf junior ballroom will hold roughly 600 guests.

Portman Holdings is an Atlanta-based real estate development company

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