(TAN): Hyatt will sell The Confidante Miami Beach to Sunstone Hotel Investors and eventually rebrand this oceanfront resort to Andaz Miami Beach, which will be the Andaz lifestyle brand’s introduction to Florida, the hotel group said in a news release.
Sunstone plans to invest approximately USD 60 million to reimagine the property over the next two years.
The extensive enhancement project will include a redesigned lobby that will offer a unique ocean view check-in experience, the reinvention of all food and beverage offerings, a refreshed pool and recreation area, the modernization of the hotel’s guestrooms, expansion of the hotel’s suite mix, and an upgrade to the meeting and event spaces. The project is expected to begin next year in phases with an anticipated completion by early 2024. The hotel will remain in operation during the renovation process – minimizing impact to the guest experience as much as possible – and will continue to be managed by Hyatt.
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“Hyatt continues to prioritize our lifestyle brands in key leisure destinations like Miami Beach that matter most to our guests, World of Hyatt members and customers,” said Pete Sears, Americas group president, Hyatt. “The planned renovation of The Confidante Miami Beach will be truly remarkable, and we are excited to usher in the hotel’s exciting next chapter by introducing the Andaz brand’s inspiring and immersive experiences to Florida.”
The Confidante Miami Beach is a three-towered property that pays homage to the vibrant feeling of the city in the 1950s. Serving at one time as the tallest modern building in Miami Beach, the hotel originally opened in the 1940s as the 18-floor Lord Tarleton Hotel on Collins Avenue, making headlines and representing a boom for the city’s economy.
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The repositioned Andaz Miami Beach will join Hyatt’s existing portfolio of hotels in the city, including two Hyatt Centric hotels in South Beach and Brickell, three Hyatt Place and Hyatt House hotels near Miami International Airport, and Hyatt Regency Miami, for which Hyatt just announced extensive redevelopment plans.