Universal Parks and Resorts and Loews Hotels and Resorts are developing a new affordable on-site hotel.

With 1,800 on-site suites and standard rooms, Universal’s Cabana Bay Beach Resort will be aimed at families wanting an affordable on-site experience.

"Our new hotel will give guests an affordable, incredibly themed on-site hotel experience unlike anything else at our resort," said Tom Williams, chairman and CEO of Universal Parks and Resorts.

"Our new family suites and family-value pricing will give our guests on-site options they’ve never had before."

Theming at Universal’s Cabana Bay Beach Resort will evoke memories of American family driving vacations with a hip vintage look that extends to the two themed pool areas.

Aimed at families, the hotel will offer two different accommodation options – 900 family suites sleeping up to six and including a kitchen area, and 900 standard guest rooms.

Work will begin soon on the hotel, which is to be situated on a 37-acre site within Universal Orlando Resort and adjacent to Universal’s Islands of Adventure, just off Hollywood Way and Turkey Lake Road.