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Hyatt announces purchase of Peabody Orlando Hotel

The Peabody Orlando Hotel in Orlando, Fla., will be sold to Hyatt Hotels for $717 million. The convention hotel offers 1,641 guest rooms and more than 200,000 square feet of meeting space. The property is set to be rebranded as a Hyatt Regency hotel. Read the Bloomberg Businessweek story here.

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Commercial Construction & Renovation
The Official Networking Group
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