Boutique hotel to open next month

The Betsy Ross Hotel at 1440 Ocean Drive in Miami Beach, which has been
closed for renovation since spring 2007, is set to reopen next month.
The 63-room hotel, originally opened in 1942, is undergoing a $35
million renovation, which should be completed by mid-February. The
hotel includes a spa, zen garden, outdoor pool, and restaurant, and
room rates range from $400 to $3,000. Raul Leal, president of Desires
Hotels, the company that manages the Betsy Ross Hotel, said the
economic downturn has not yet hit South Florida’s luxury hospitality
market.