South Florida's hotel scene is always often changing, with new additions popping up frequently. From waterfront resorts to downtown high-rises, travelers to South Florida have lots of new properties to choose from that include amenities like rooftop pools and private patios with outdoor showers.
This Week's South Florida Deal Sheet (January 1, 2023)
Banesco USA has moved its headquarters to a new building in Doral, more than tripling its footprint in the process.
The bank, which has nearly $3B in deposits, opened its new, three-story building at 3155 NW 77th Ave., which spans 60K SF and includes office space and a new bank branch.
Developer AD1 Puts 8-Hotel Florida Portfolio Into Bankruptcy
Thirteen affiliated companies of AD1 Global, a Hollywood, Florida-based investor and manager of hotels, filed for voluntary Chapter 11 bankruptcy protection Sunday in Delaware court, estimating $186.4M in liabilities and $204.8M in assets.
In a sworn declaration filed Wednesday, AD1 Chief Financial Officer Alex Fridzon, who is overseeing the bankruptcy petition for the company, said the rapid rise in interest rates last year, coupled with inflation and construction delays, ate into the company's cash flows to the point where it ...
Valentine's Day Gift Guide: The Most Pampering Travel Experiences
This $7,500 package includes all-day pampering starting with spa treatments in the resort's new overwater spa bungalows, reached only by private boat. Treatments include a Grenadines salt scrub and foot ritual as well as a Tibetan sound bowl chanting guide.
While guests at the Alila Ventana Big Sur in California can spend a romantic weekend in the spa, by the pool or over a delicious meal, the Alila Experiences program takes things a step further.
Places This Week: Treasure Island resort, Clearwater penthouse sell • St Pete Catalyst
Sunset Bay Properties LLC sold the 83-room resort at 11125 Gulf Blvd. in Treasure Island to an LLC connected to Largo-based Equity Management Partners, which is headed by business mogul Ben Mallah.
The property management company has a diverse portfolio of income properties ranging from offices to hotels, restaurants and residential communities.
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