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Roosevelt Hotel to Reopen in New Orleans

A hotel that originally opened in the Big Easy in 1893 is getting a new life as a Waldorf=Astoria hotel.

The facility will be known as the Roosevelt Hotel, a name it held from 1923 to 1965. The hotel has been shuttered since Hurricane Katrina hit.

The property will reopen in spring 2009 with 505 rooms, 125 of those will be suites. The hotel will include event space and a fitness center.