search

The Real Deal Logo

Trending

Tides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealFort Lauderdale crane collapse victim seeks over $50M in damagesFort Lauderdale crane collapse victim seeks over $50M in damagesLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsHousing deal finally passes; here are the detailsHousing deal finally passes; here are the details
South Florida

Boutique hotel to open next month

Sign Up for the undefined Newsletter

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.