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The hotel was sold to the Alsonett Hotel Group in 1953. [3] Deeply in debt by the early 1960s, it went bankrupt in 1965 and was sold in a foreclosure auction to Sheraton Hotels, becoming the Sheraton-Peabody Hotel. [5] As downtown Memphis decayed in the early 1970s, the hotel suffered financially, and the Sheraton-Peabody closed in December 1973.
Built in 1905, the 14-story Tennessee Trust Building was among downtown Memphis' first "skyscrapers." The building's architects, the firm of Charles 0. Pfeil (1871–1952) and George M. Shaw (1870–1919) were noted at the time for designing buildings with ornate, classical styling and massing.
This is a list of motels.A motel is lodging designed for motorists, and usually has a parking area for motor vehicles. Entering dictionaries after World War II, the word motel, coined in 1925 as a portmanteau of motor and hotel or motorists' hotel, referred initially to a type of hotel consisting of a single building of connected rooms whose doors faced a parking lot and, in some circumstances ...
The Bluff City's largest hotel property recently went on the market. The 600-room Sheraton Downtown Memphis at 250 N. Main St. was listed for sale about three weeks ago, according to Wayne Tabor ...
20 Best Hotels in North America. Arrive Memphis − Memphis, Tennessee. Bishop's Lodge – Santa Fe, New Mexico. Casa Palopó – Lake Atitlán , Guatemala. The Dorian – Calgary, Alberta, Canada ...
Belz Enterprises, Inc. is a major American-based developer of hotels, retail, and commercial properties, including shopping malls. Belz owns and operates the Peabody Hotel in Memphis . Previously they operated two other Peabody Hotels, one in Little Rock , and another in Orlando , however both of these hotels were sold in 2013 becoming a Hyatt ...
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