Park Hotels reopens Royal Palm South Beach Miami after USD 100 million renovation

Reuters2026/07/22 20:20

By:Reuters

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Park Hotels & Resorts reopened the Royal Palm South Beach Miami following a comprehensive renovation costing more than $100 million.
Project added 11 guestrooms, bringing the resort to 404 rooms across the East and West towers plus the Lanai bungalow.
Upgrade included new food and beverage concepts, refreshed public areas, enhanced pool and beachfront amenities, expanded meeting space of about 20,000 square feet.
Park expects the investment to nearly double the hotel’s EBITDA once the asset stabilizes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Park Hotels & Resorts Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260722740826) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Park Hotels reopens Royal Palm South Beach Miami after USD 100 million renovation

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