First look: See inside New Hyatt House hotel near Orlando airport (PHOTOS)

Why it matters: The new hotels offer business and leisure travelers more choices for accommodation that will keep the market competitive. There are a variety of rooms available, including studios, standard and superior rooms. The hotel also offers suites that include extended-stay amenities like fully-stocked kitchens with stoves, ovens, microwaves/air fryers, fridges and stoves. To justify building more rooms, we need to see the market grow. McKibbon Equities is a property management company that typically manages, owns, develops, sells and/or maintains properties. This portfolio includes some Orlando-area hotels such as the Aloft Orlando Downtown. McKibbon stated that the company is currently preparing for early permits for a 168-room Marriott hotel, dubbed AC Hotel Orlando Airport. Due to fluctuating construction costs and declining confidence in the lending market, few details are available about it, including its construction timeline. Last year's average hotel occupancy rate was just 4.4 percentage points lower than that of 2019. The average daily rate for 2022 was $126.72, an 18.5% increase over 2019. What time do you believe Orange County should resume talks about the planned expansion of its convention center?