In an interesting new
development, Universal Music Group is entering the hospitality business. According to WLOX, the
group has just announced that it will be building its first three hotels under
the UMUSIC brand, with one of them in Biloxi, Mississippi. The Universal Music
Group has designated Biloxi, Atlanta, and Orlando as the first three cities
where their new hotels will be developed. The Biloxi hotel will be built on the
266-acre property that will replace what was once the Broadwater Resort's
massive grounds. The grounds of the old Broadwater Resort included a hotel, a
marina, a golf
course,
and a
casino,
which will all be turned into a $1.2 billion entertainment destination offering similar
amenities.
Universal Music Group has many
iconic record companies and studios under its umbrella, such as Abbey
Road Studios and Capitol Records. Previous announcements about the project
stated that
investors would rebuild the grounds with the addition ofa
new state-of-the-art musical venue. The investors also say that the UMUSIC
Broadwater Hotel in Biloxi will integrate a remarkable performance venue and
luxury hotel with a riveting architecture style.
According to Biloxi Mayor
Andrew Gilich, "Music and entertainment has always been a part of Biloxi DNA.
What the UMUSIC Broadwater Hotel brings with its opening is reflective of this
320-plus-year
history. The people of the city of Biloxi, the state of Mississippi, and beyond
will benefit greatly from the addition of this hotel to our landscape."
Mississippi Governor Tate
Reeves is also
excited about the introduction of the property to the state. "The gaming
industry has provided countless opportunities for good work in our state and
brought in a tremendous amount of revenue. It attracts visitors from all over
the globe. Universal Music Group is a natural fit, considering the rich musical
legacy of Mississippi and Biloxi."
