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South Florida

Eden Roc sues Marriott

Miami Beach’s Eden Roc Renaissance Hotel filed a $75 million suit against Marriot International, Bloomberg News reported, accusing it of “gross mismanagement.” Eden Roc’s owners, Eden Roc LLC, allege that Marriott offered discounted bookings for years despite the $240 million investment the firm made to renovate the hotel.

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Meanwhile, they note, Marriott accrued management fees even as their discounts weakened the property’s profits.

The renovation involved completely gutting the circa-1956 21-floor, 631-room hotel at 4525 Collins Avenue in Miami Beach. In the summer, the hotel added an Elle Decor-designed luxury spa. Weekend rates start at $339 per night. [Bloomberg]

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MarriottReal Estate Lawsuits