Hotel Indigo to be Rebranded Aloft Hotel Miami
Aloft Hotel Coming to Miami
The property will undergo a complete renovation and, upon completion, will be repositioned as an Aloft Hotel, a collection within Starwood Hotels & Resorts that offers a tech-forward, vibrant experience and a modern style that is different by design. "This property successfully serves an area that's experiencing significant revitalization, and as such has noteworthy growth potential," stated Kenneth Fearn, managing partner for Integrated Capital. "The liaison with Starwood Hotels & Resorts and eventual conversion to an Aloft hotel demonstrates our continued commitment to exceptional guest experiences for business and leisure travelers alike."
Surrounded by the neighborhoods of Kendall, Pinecrest and Palmetto Bay/Cutler Bay, the newly named Miami Dadeland Hotel serves all of South Miami, including the University of Miami, Baptist Hospital and 1.4 million-square-foot Dadeland Mall. The hotel is also convenient to Downtown Dadeland, numerous office and residential properties and the Metrorail, and is just one mile from Florida's Turnpike and 11 miles from Miami International Airport. With a boutique-style atmosphere, the six-story hotel features an outdoor swimming pool with private cabanas, restaurant serving breakfast and dinner, business center, fitness facility and indoor/outdoor meeting space.
Integrated Capital is a leading hospitality focused private equity real estate firm based in Los Angeles, California. The firm has a reputation for excellence in hospitality investment and development. Since its founding in 2004, Integrated Capital has acquired or developed assets with a total capitalization of $450 million and overseen renovation and development projects exceeding $80 million. In addition, the principals through their prior affiliation have directly participated in more than $1.2 billion of global hospitality investments and more than $300 million of renovation and development projects.
Source: Hotel News Resource / 30 June 2015