>Nashville convention hotel deal looks less certain

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>What once seemed like a firm deal to build a Marriott Marquis to serve as the headquarters hotel for a new downtown convention center now appears less solid.

Metro leaders say they hope multiple hotel developers and operators will come forward with new private-public financing plans. The Metro Council approved construction of the $585 million convention center last month, but Mayor Karl Dean decided to hold off on presenting a hotel deal until he could find more attractive terms.

But some experts say 2010 will be another difficult year for building hotels.
Although the city chose Colorado-based Phelps Development and Portman Holdings of Atlanta to develop a convention center hotel last year, it didn’t have contracts with them or Marriott International, which was picked to run the facility.

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