Developers continue to invest in hospitality projects near major convention venues as business travel and event activity remain important drivers of local economies. In Las Vegas, a new hotel development is set to expand lodging capacity within one of the nation's busiest convention districts.
Mortenson Development has secured the project site and financing necessary to move forward with a new dual-brand AC Hotel and Residence Inn by Marriott near the Las Vegas Convention Center. Construction is expected to begin this month, with delivery planned for 2028.
The development will combine two Marriott brands within a single property, providing accommodations for both short-term visitors and longer-stay guests.
Plans call for 397 guest rooms, including traditional hotel rooms under the AC Hotel flag and extended-stay suites operated as Residence Inn. The strategy reflects growing demand for hospitality properties capable of serving multiple traveler segments, particularly in convention-driven markets.
The project's location near the convention center positions it to attract business travelers, trade show attendees, corporate visitors and leisure guests seeking convenient access to major attractions and event venues.
The hotel will include meeting and event facilities, a fitness center, retail and food service offerings, and dedicated amenities for extended-stay guests.
A rooftop amenity deck featuring a pool, lounge areas and skyline views is expected to serve as a signature feature of the development. The project team has also incorporated flexible gathering spaces designed to accommodate small and midsized business events.
The combination of hospitality, meeting and recreational amenities reflects evolving traveler expectations, particularly among convention attendees seeking integrated accommodations and networking environments.
Las Vegas continues to attract significant hospitality investment due to its position as a leading destination for conventions, entertainment and tourism. The convention center corridor remains one of the city's most active development zones, supported by millions of annual visitors and ongoing infrastructure improvements.
Developers increasingly view mixed-use and dual-brand hotel concepts as a way to diversify revenue streams while maximizing site efficiency in high-demand urban markets.
The continued expansion of hotel inventory near major event venues also reflects confidence in the long-term strength of business travel and convention activity.
For construction owners, developers and investors, the project highlights sustained demand for hospitality assets tied to convention and business travel markets. Hotels located near major event centers often benefit from consistent visitor traffic and diversified occupancy sources.
As travel patterns continue to evolve, developments that combine traditional lodging, extended-stay accommodations and flexible amenities may offer stronger competitive positioning and long-term value creation opportunities.
Source: Mortenson.
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