Peabody Expansion Progresses

The Peabody Hotel, which I covered in depth in SeaWorld, Discovery Cove & Aquatica, is making progress on its new tower addition.

Now the project is finally under construction and well under way, and this time — in the middle of the worst recession in decades — hotel officials say the timing is actually right.

“It’s always good to renovate and expand your hotel when the economy’s down,” said Alan Villaverde, the hotel’s executive vice president and general manager. Vendors eager for work are offering better deals than they did just two years ago, he said. The construction will occupy more than 900 people at its peak, he said, and the expanded hotel’s work force is expected to double, from 650 to 1,200 or more employees.

The Orlando Sentinel has more.

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