Hyatt Regency Orlando

Hyatt Regency Orlando
Hyatt Regency Orlando
	Hyatt Regency Orlando
General information
Location	Unincorporated Orange County in Orlando, Florida
Address	9801 International Drive
Opening	November 1, 1986; 38 years ago
Owner	RIDA Development Corporation & Ares Management Real Estate
Management	Hyatt Hotels
Height	428 ft (130.5 m)
Other information
Number of rooms	1641
Website
	orlando.regency.hyatt.com

The Hyatt Regency Orlando is a 32-story, 1641-room resort hotel, directly connected to the Orange County Convention Center, located on International Drive in Orlando, Florida.

History

The hotel opened on November 1, 1986 as The Peabody Orlando, being a brand extension of the original Peabody Hotel in Memphis, Tennessee.^[1]

In 2010, a $450 million renovation of the hotel added a 31-story tower that doubled the number of rooms from 891 to 1641 and added a resort pool complex.^[2] This tower, standing 428 ft (130 m), is the second tallest building in metropolitan Orlando, surpassed only by the SunTrust Center.^[3]

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. Hyatt continues operating the hotel through a long-term management agreement. Hyatt president and CEO Mark S. Hoplamazian called this “the largest single-asset sale in Hyatt history.”^[6] The new owners announced they will construct a new Grand Hyatt-branded hotel on the adjoining undeveloped land.

In August 2024, it was announced that the RIDA/Aires joint venture had completed the purchase of the hotel.^[7]