This hotel looks good, is clean, has friendly staff, and is located near the Riverwalk area, which has some OK restaurants and a lot of bars. Some rooms have great views of the Arkansas River. However, we arrived in late October, when it had just turned cold, only to learn the hotel doesn't turn the heat on until November 1, regardless of the weather. There also was no hot water in the afternoons, presumably another cost-saving measure. The breakfast buffet was mediocre and mostly cold, but not cheap. Everything at the Peabody costs a lot of money, and every time you turn around you're handing out tips. Fact is, you can get the same bed, TV stations, wireless reception, and ice machines at any Comfort Inn or LaQuinta, but they don't charge you for their mediocre breakfast, they generally have coffee in the lobby and hot water in the rooms all day, and they let you control the heat. So unless you think that price is the same thing as quality, you just happen to like ducks and bellhops, or you really need to be near the Riverwalk, I can't recommend this place. A pale copy of the original.