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Big Changes for Miami Beach Hotels


November 11, 2020

Some major shakeups are happening in the world of Miami Beach hotels and this time, it includes three of its most well-known places.

The Sagamore, Ritz-Carlton South Beach, and its similarly named counterpart Ritz-Carlton Bal Harbour now belong to the same family and are owned equally by several groups, including Lionstone Group based right here in Miami.

The new ownership is part of a broader plan to eventually combine Ritz-Carlton South Beach and the Sagamore by the time 2024 rolls around. However, there are no definitive plans yet as to whether Sagamore will retain its branding or fall under the Ritz-Carlton umbrella. As for the Bal Harbour location, there are plans to make improvements to the public areas while also boosting events revolving around art.

The Sagamore will also receive extensive renovations, including room updates that will feature marble countertops. The number of rooms will also be reduced to convert existing ones into larger suites. Services are also expected to receive upgrades to better match those offered at the Ritz-Carlton.

You can read more about the changes in store for the Miami Beach hotels by visiting https://www.miamiherald.com/news/business/real-estate-news/article247103367.html. Are you excited to see the changes? How do you feel about the Sagamore possibly becoming a part of the Ritz-Carlton?

This update is presented by the Miami Beach real estate team at Blackstone International Realty, specializing in the Murano Grande. If you are interested in Murano Grande for sale, call one of the Murano Grande sales experts at 305-588-2451 for information on buying opportunities and rentals.