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On August 28, 2013, UST Hotel Joint Venture Ltd. sold The Peabody Orlando for $717 million, to Hyatt. [4] The hotel was renamed Hyatt Regency Orlando on October 1, 2013. [5] In 2024, Hyatt announced that it had agreed to sell the hotel and 45 acres of adjacent land to RIDA Development Corporation and Ares Management Real Estate for $1.07 billion.
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Pointe Orlando originally opened on August 2, 1997 at a cost of $120 million, anchored by a flagship FAO Schwarz toy store. A Muvico cinema and IMAX theater, and a host of theme restaurants popular at the time opened later in the year and into 1998. [ 1 ]
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt ...
Hyatt Regency is a brand of hotels under the Hyatt banner. The brand contains 211 locations in 189 cities over 40 countries, [ 1 ] [ 2 ] and is one of the company's 14 hotel brands overall. [ 2 ] It tends to cater to business travelers.
Skies Restaurant & Lounge, Hyatt Regency Crown Center, Kansas City (closed December 1, 2011, when Sheraton Hotels took over the Hyatt) Top of the Riverfront, Millennium Hotel , St. Louis (closed 2014)