MIAMI BEACH – September 3, 2015 – HRI Lodging announced today that they have been selected to manage the Daddy-O Hotel in Bay Harbor Islands, Miami, Florida. The independent boutique hotel underwent a comprehensive $4 million renovation in 2009 giving the property a chic and contemporary make-over. Located on picturesque Bay Harbor Islands, the Daddy-O offers 46 well-appointed rooms as well as acclaimed restaurant The Palm, Miami’s distinguished steakhouse. Hotel amenities include complimentary breakfast, dry cleaning and laundry, complimentary Wi-Fi, valet, room service, a beer and wine lounge and a complimentary off-site fitness center. Consistently recognized with service accolades, the Daddy-O Hotel embodies everything that travelers want in a boutique hotel experience.

In combination with the selection of HRI as the hotel manager, the property will be undertaking substantial capital enhancements with improvements in all the guestrooms, corridors, and public spaces.

“We are thrilled to add the Daddy-O to our collection of hotels,” said Gary Gutierrez, president, HRI Lodging. “In a market where luxury knows no limit, Daddy-O offers significant value and a prime location making it a favorite for families and savvy world travelers.”

Michael Coolidge, chief investment officer, HRI Properties, said, “This hotel is an exciting addition to HRI’s rapidly growing portfolio of hotels, including our lifestyle and boutique properties in highly desirable, destination locations.”

The hotel sits adjacent to one of Miami Beach’s fastest growing submarkets, Bal Harbour, with easy accessibility to all that Miami Beach has to offer including fine dining, the Art Deco District, museums, theaters, internationally renowned shopping and nightlife. The property is just minutes from the beach and within blocks of the world-renowned Bal Harbour Shops, which is currently planning a 350,000-square foot expansion that will add at least 20 specialty retail boutiques, a luxury theater and a multi-purpose community plaza. The Daddy-O is also a few miles from the seaside communities of Miami Beach, Aventura, Fort Lauderdale, Sunny Isles and Surfside and less than 15 miles from the new $515 million Marlins Stadium that opened in 2012. Sun Life Stadium, home of the Miami Dolphins and University of Miami Hurricanes, is conveniently located less than 11 miles away.