Hyatt Purchase Meetings and Conferences Impact Peabody Orlando

For large conventions and meetings in Orlando, the best location is the former Peabody Hotel Orlando. Indicative trends of modern property and hotel management, Peabody private property has yielded Hyatt Hotels, which had an IPO a few years ago for publicly traded. With the mountain capital of an investor, Hyatt paid $ 717 million for the Peabody Orlando, which generates $ 55 million a year in operating cash. This transaction provides advantages and challenges to meet business and conference planners industry.


The advantages of this hotel is owned by Hyatt and Peabody are clear. 1650/4 and this hotel is literally across the street from the Orange County Convention Center on International Drive. It is the largest hotel near the convention center, making it a good anchorage of the hotel for conferences and conventions in Orlando. In its own right, the property has a large convention space, ideal for medium-sized conventions who want the convenience of air access Orlando. Hyatt hotel property not create clear benefits for meeting planners and corporate travel managers that did not exist with the Peabody possession. An obvious advantage for customers of the conference is the loyalty points system Hyatt, which has a larger network of hotels that made the Peabody. Hyatt has over 500 hotels and is expanding, so that points earned during an Orlando conference will be helpful for personal and business use in North America. Another positive aspect is that Hyatt Hotels in Orlando will be seven in number. This is very convenient for large groups, allowing a designer to negotiate an environment block, under a contract with several Hyatt hotels. For business planners, Hyatt offers challenges. Basically Hyatt is a public company in rapid growth through acquisitions, so expect customer service and personal attention to decrease. Of course, many Peabody employees will simply change uniforms for Hyatt, but after a year, the approach of waiting for the effectiveness of Hyatt businesses to take their toll. Filled with money from the sale of other properties, supported by a strong system meeting planner award, and to be the convention of big property in Orlando, Hyatt will have the advantage of keeping rates in negotiation with groups. In addition, the hotel will generate leads other hotels Hyatt Orlando, creating the flexibility to deviate from the business at a Hyatt nearby, keeping receipts and bonus in the "family."

This encouraged the happy hour drink and eat dinner at the hotel. Peabody brand is declining, as Marriott took the Peabody Little Rock last summer. Although not much effect on the physical qualities of the hotel, shopping Peabody Orlando Hyatt changes the dynamics for business travelers and Orlando procurement event organizers for events and conferences. To reform the average traveler ducks will be more noticeable, but for the travel professional manager, the strength of the Hyatt reward points system to be able to adjust the rate will dominate your thinking about conferences and meetings Orlando hotels.