Portman, Port Cincinnati $540M, 700-room Marriott Hotel gets final public approval, but private financing still in flux

3/11/2026

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Cincinnati Business Courier

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• Subcategory: Capital Markets: Debt, Hospitality: Hotel

• Tag: Proposed

• Additional Filters-Subcategory: Capital Markets: Tax-Exempt-Taxable-Bonds

• Additional Filters-Tags: Public-Private Partnership (P3)

• Company: Portman Holdings, Marriott (Nasdaq: MAR)

Highlights
The Port of Greater Cincinnati Development Authority approved $130 million in bonds for a new convention center hotel..
Portman Holdings will develop the $540 million, 700-room Marriott.
Public funding covers 48% of the total project costs.