Continuing interest in Miami Beach leads to new wave of luxury hotels

Rosewood Hotels & Resorts will brand Michael Shvo’s Raleigh development in Miami Beach. www.therealdeal.com
The Raleigh will be renovated and become a Rosewood hotel. Photo Credit: The Raleigh Miami Beach via www.travelweekly.com

And luxury hotel developers have taken note: The market is awash with major hotel upgrades and new development.

One of the marquee projects is a revamp of the Raleigh Hotel at 1775 Collins Ave., which will join the Rosewood Hotels & Resorts brand by 2025.

Up the road, preliminary plans from Miami Dolphins owner Stephen Ross call to acquire and redevelop the site of the former Deauville Beach Resort at 6701 Collins Ave.

A major rebuild and restoration of the storied Shore Club at 1901 Collins Ave. into a boutique hotel and residences is also in the works, with new owners planning to tear down the newer structures on the site and restore the original, circa-1950s art deco buildings.

If there’s one U.S. destination that’s remained remarkably hot throughout much of the pandemic, it’s Miami Beach

Similarly on track for a refresh is the Delano South Beach at 1685 Collins Ave., part of Accor’s Ennismore arm, which like the Shore Club has been shuttered since the early days of the pandemic. Acquired by Cain International in late 2020, the real estate investment firm announced plans for a “strategic repositioning” of the property.

Whether it will remain flagged under the Delano name remains unknown, however, with Ennismore telling Travel Weekly that it has no information “as to what ownership intends to do with the asset.”

Meanwhile, Developer OKO Group revealed plans for an Aman property at the site of the former Versailles Hotel at 3425 Collins Ave. Also planting a flag is luxury player Bulgari Hotels & Resorts, whose planned Miami Beach outpost, set to open at 100 21st St. in 2024, will also be the brand’s first in the U.S.

By Christina Jelski for www.travelweekly.com
Read the full story at: www.travelweekly.com

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