SLS South Beach, Rosetta Bakery, Zuma, Miller’s Ale House lay off 871

140-room SLS South Beach shut down and laid off 340 employees

TRD MIAMI /
Apr.April 27, 2020 01:30 PM
From top left, clockwise: SLS South Beach Hotel, Rosetta Bakery, Zuma Japanese Restaurant, Miller’s Ale House

From top left, clockwise: SLS South Beach Hotel, Rosetta Bakery, Zuma Japanese Restaurant, Miller’s Ale House

UPDATED, April 28, 10:47 a.m.: One of South Beach’s most well-known hotels, a popular bakery, a Japanese restaurant and a sports bar chain laid off a total of 871 employees in South Florida.

Sam Nazarian’s SLS South Beach furloughed 340 employees as hotels across South Florida have been forced to shut down due to the impacts of coronavirus, according to a WARN notice filed with the state. The 140-room hotel at 1701 Collins Avenue in Miami Beach is closed until May 1, according to its website. A spokesperson for SLS South Beach said the hotel intends on rehiring all the employees once the hotel re-opens for business.

Rosetta Bakery, with locations in Aventura and two locations in Miami Beach, also announced that it laid off 184 people, according to WARN notices.

Zuma Japanese Restaurant at 270 Biscayne Boulevard in downtown Miami laid off 115 people. The restaurant closed down, according to a WARN Notice.

Miller’s Ale House, a sports bar chain, laid off hundreds of employees across Florida, including 232 people in South Florida, according to WARN notices. The location at 11625 North Kendall Drive in Miami laid off 66 employees; the location at 3215 Oakwood Boulevard in Hollywood laid off 103 workers; and the location at 2080 South University Drive in Davie laid off 63 employees.

South Florida hotels have been hit hard by coronavirus, as many have been forced to shut down. Earlier this month, Florida Gov. Ron DeSantis issued a statewide stay-at-home order, requiring all non-essential businesses to shutter. The order followed previous decisions by individual counties and municipalities, including in some cases, ordering hotels to close.

During the week of April 12-18, Miami hotel occupancy dropped to 20.3 percent, down from 65.6 percent March 8-14, according to the hotel data provider STR. Revenue per available room fell to $20 from $146, during the same time period.

The latest layoffs follow 655 layoffs the state reported last week. JW Marriott Marquis Miami and Boulud Sud in downtown Miami, the JW Marriott Miami on Brickell Avenue, Nobu in Miami Beach, and Miami International Airport restaurants all filed WARN notices with the state.

Two weeks ago, additional WARN notices released revealed that South Beach Hotel Group, led by longtime Miami Beach hotelier Alan Lieberman, laid off over 700 employees at 13 of its 16 boutique Miami Beach hotels, including the Catalina Hotel, the Harding Hotel and the Riviera Loft Hotel.

The hotel industry is also facing over $4 billion in debt payments on commercial mortgage-backed securities loans. The loans are harder to restructure than conventional loans and are more likely to head to foreclosure, according to industry experts.


Related Articles

arrow_forward_ios
Phil Collins, Orianne Collins, and 5800 North Bay Road (Credit: Tim Chapman/Getty Images, and John Parra/Getty Images)

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave
6493 Allison Road (Credit: Douglas Elliman)

One Thousand Museum developer sells Allison Island home

One Thousand Museum developer sells Allison Island home
Greg Mirmelli with 2120 Bay Avenue (Credit: John Parra/Getty Images)

Miami Beach investor sells waterfront home for $18M, following bidding war

Miami Beach investor sells waterfront home for $18M, following bidding war
Floyd Mayweather & 5501 Pine Tree Drive, Miami Beach (Credit: Google Maps and Jun Sato/Getty Images)

Taking it on the chin: Floyd Mayweather Jr. sells Miami Beach home at a loss

Taking it on the chin: Floyd Mayweather Jr. sells Miami Beach home at a loss
1500 West 21st Street and Todd Glaser (Glaser by Mary Beth Koeth, Todd Michael Glaser)

Todd Glaser buys waterfront Sunset Islands home with plans to list it for $10M

Todd Glaser buys waterfront Sunset Islands home with plans to list it for $10M
Starwood CEO Barry Sternlicht, InTown Suites CEO Ash Kapur and 1071 NE 28th Avenue in Homestead (Getty, Google Maps)

Starwood scores $265M refi for portfolio of InTown, Uptown hotels

Starwood scores $265M refi for portfolio of InTown, Uptown hotels
A rendering of the monorail

Miami-Dade approves interim contract for monorail to Miami Beach

Miami-Dade approves interim contract for monorail to Miami Beach
Lord Balfour Hotel

Mezz lender forecloses on Ocean Drive hotel in South Beach

Mezz lender forecloses on Ocean Drive hotel in South Beach
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...