The University of Central Florida expects to open its first on-campus hotel by early 2020, the university announced in January.

The Pegasus Hotel, near the intersection of University Blvd. and Alafaya Trail, will have 179 rooms over five floors and cater to an upscale clientele as part of the Marriott Brand.

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“Featuring more than 10,000 square feet of conference and event space with a private dining room, the full-service hotel also will have a lobby bar, restaurant, take-away pantry, and room service,” UCF said in a release.

“There will be more than 6,000 square feet of lawn for events adjacent to the restaurant and outdoor pool.”

The hotel partners – DEVEN Group, Demetree Global, and Pinnacle Hotel Management – claim UCF will fill a market need that caters to the higher tier by opening this hotel.

“We have enjoyed over 20 years in the UCF market since opening our first hotel, the Courtyard by Marriott in Collegiate Village,” says Ron Franklin, president of Pinnacle.

“We look forward to the opportunity to open a truly first-class hotel and convention center in the market.”

Read more:

2015

UCF to Propose Upscale Guest Hotel and Conference Center on Campus

2017

Future UCF Hotel Project to go to Board of Trustees in July Meeting