Īs downtown Memphis decayed in the early 1970s, the hotel suffered financially, and the Sheraton-Peabody closed in December 1973. 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. The hotel was sold to the Alsonett Hotel Group in 1953. A patron could bring a bottle acquired elsewhere into the hotel bar, The Creel, where the bartender would tag it and mix drinks from it at the patron's request. īefore the mid-1960s, alcoholic beverages were sold in Tennessee only as sealed bottles in licensed liquor stores. ![]() ![]() The new hotel opened on September 1, 1925. The new hotel was built on the previous site of the Fransioli Hotel, a structure which looked nearly identical to the original Peabody Hotel. Construction began less than a month after the old hotel closed. The current Peabody Hotel building, on Union Avenue, is an Italian Renaissance structure designed by noted Chicago architect Walter W. The building was demolished and Lowenstein's department store was constructed there. The hotel closed in 1923 in preparation for a move one block away. Jefferson Davis, the former President of the Confederacy, lived there in 1870 when he worked as president of an insurance company. The hotel had 75 rooms, with private bathrooms, and numerous elegant public rooms.Īmong its guests were Presidents Andrew Johnson and William McKinley and Confederate Generals Robert E. Snowden as a wedding gift not long after it opened. The hotel was a huge success, and Brinkley gave it to his daughter Anna Overton Brinkley and her husband Robert B. The original Peabody Hotel was built in 1869 at the corner of Main and Monroe Streets by Robert Campbell Brinkley, who named it to honor his friend, the recently deceased George Peabody, for his contributions to the South. History 1869 building The first Peabody Hotel, circa 1898 The Peabody is a member of Historic Hotels of America, a program of the National Trust for Historic Preservation. The hotel is known for the "Peabody Ducks" that live on the hotel rooftop and make daily treks to the lobby. The Peabody Memphis is a historic luxury hotel in Downtown Memphis, Tennessee, opened in 1925.
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