[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.
[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 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.