Universal Parks & Resorts and Loews Hotels & Resorts will build a new hotel development at Universal Orlando that will add high-quality, high-value options for families wanting an affordable on-site experience. Universal’s Cabana Bay Beach Resort will offer two distinct experiences within the development’s multiple buildings: 900 family suites, capable of sleeping six, that include kitchen areas and 900 standard guest rooms – offering both moderate- and value-priced accommodations. It will be operated by Loews Hotels & Resorts and is scheduled to open in 2014.