the confidante miami beach
Sunstone Hotel Investors Completes Acquisition of The Confidante Miami Beach for $232 Million
Sunstone Hotel Investors | June 6, 2022
IRVINE, Calif., June 6, 2022-- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today announced that it has completed the previously announced acquisition of the 339-room The Confidante Miami Beach (the "Hotel") for a purchase price of $232 million, or $684,000 per key. The Company will invest approximately $60 million to reposition the Hotel into a premiere beachfront resort under Hyatt's luxury, lifestyle Andaz brand. Upon completion of the renovation, Sunstone will own a well-located, fully renovated, beachfront resort at a highly attrac...
Sunstone Hotel Investors to Acquire The Confidante Miami Beach for $232 Million
Sunstone Hotel | May 5, 2022
IRVINE, Calif., May 5, 2022 -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced that it has entered into a definitive agreement with an affiliate of Hyatt Hotels Corporation to acquire the 339-room The Confidante Miami Beach (the "Hotel"), located on 1.5 acres of fee-simple, oceanfront land in Miami Beach for a purchase price of $232 million, or $684,000 per key. Following the acquisition, the Company expects to pursue a full transformation of the property and a rebranding of the Hotel to Andaz Miami Beach. T...
Amy Johnson Named General Manager of The Confidante Miami Beach
The Confidante Miami Beach | May 17, 2019
Miami Beach, Fla. (May 17, 2019) – Amy Johnson has been appointed general manager of The Confidante Miami Beach, effective immediately. The Confidante Miami Beach is part of The Unbound Collection by Hyatt brand, a portfolio of new and existing upper-upscale and luxury hotel properties that offer a truly differentiated stay, with personality, elegance and charm. The independent brand, which encompasses a wide range of unique properties, offers striking new adventures and unforgettable experiences. A celebrated hospitality professional with more than 30 years of industry experience, Amy most recently served as General Manager of Hy...
Keith Butz Named General Manager of The Confidante Miami Beach
The Confidante | July 19, 2017
MIAMI BEACH, Fla. (July 19, 2017) – Keith Butz has been appointed general manager of The Confidante Miami Beach, effective immediately. In his new position, he oversees the day-to-day operations at one of Miami Beach's most playful, yet sophisticated hotels. Mr. Butz brings 24 years of leadership experience in hotel management and operations to Miami Beach; his hospitality career started with Hyatt at Hyatt Regency New Orleans, in various roles such as corporate management trainee and front office manager. He joins The Confidante from the prestigious Grand Hyatt Kauai Resort and Spa, where he served as general manager leading all ...
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