The Crown-owned Algonquin Resort in St. Andrews could soon carry the Marriott banner, if a deal can be finalized.
Tourism Minister Trevor Holder says the provincial government is in final negotiations with a consortium.
New Castle Hotels and Southwest Properties are interested in buying the resort, or becoming a partner with the province.
The minister says the parties now have 60 days to conduct their due diligence.
The province launched the search for a new operator last February .
Last year, the government said the century-old resort needed repairs and upgrades worth 20 to 25 million dollars.
