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