Eden Roc Miami Beach Announces New Management, Destination Hotels & Resorts, For Iconic Miami Property

Leading hospitality management company to reinvigorate prestigious Eden Roc brand

Hotel investment group Eden Roc LLLP, the owner of the historic Eden Roc Hotel, announced today that Destination Hotels & Resorts will assume management of the luxury property beginning July 11, 2013. The 21-floor, 631-room hotel, formerly known as the Eden Roc Renaissance Hotel, has been rebranded as the Eden Roc Miami Beach.

Hotel investment group Eden Roc LLLP, the owner of the historic Eden Roc Hotel, announced today that Destination Hotels & Resorts will assume management of the luxury property beginning July 11, 2013. The 21-floor, 631-room hotel, formerly known as the Eden Roc Renaissance Hotel, has been rebranded as the Eden Roc Miami Beach.

"This transition marks the beginning of a new era for Eden Roc Miami Beach, one of the most iconic luxury hotels on Miami Beach," said Diego Ardid, Principal of Eden Roc LLLP. "With the seasoned management team from Destination Hotels & Resorts in place, Eden Roc will be ready to achieve its true potential by providing our guests with an extraordinary lifestyle experience that fully leverages the resort's amenities, including renowned restaurants, the first-ever ELLE Spa and its breathtaking views of Miami Beach from the comfort of luxurious guest rooms, suites and bungalows."

The upward repositioning of Eden Roc Miami Beach will attract the discerning local, domestic and international leisure traveler, as well as the premium group and event customer who seeks an authentic, enriching experience in a stylish setting. The 71,000 square-feet of indoor and outdoor function space provides flexibility for today's contemporary meeting, wedding or social event.

Overlooking world-renowned Miami Beach on prestigious Millionaire's Row, the Eden Roc Miami Beach is revered as a Miami Beach legend, showcasing iconic style, modern architecture and contemporary glamour. Designed by famed architect, Morris Lapidus, the hotel boasts an extraordinary history. Famous for being host to Hollywood greats, like Elizabeth Taylor, Liberace, Katharine Hepburn, Harry Bellafonte, Lauren Bacall and Humphrey Bogart since 1956, Eden Roc Miami Beach continues to attract guests and celebrities alike - providing an alluring escape and vibrant urban resort destination.

Destination Hotels & Resorts, the country's fourth largest hospitality management company, celebrates its 40th anniversary this year as a leader in hospitality and property management with proven success in marketing, managing and operating a diverse collection of upscale and luxury hotels, resorts and condominiums.

"We are thrilled to welcome such an esteemed property into our portfolio," said Jamie Sabatier, President and Chief Operating Officer of Destination Hotels & Resorts. "We are confident that our customized hospitality solutions and repositioning expertise, combined with our sophisticated management platform will elevate Eden Roc Miami Beach and drive ultimate success."

Under Destination Hotels & Resorts management, Eden Roc Miami Beach will have access to industry-leading services, including the Libra Hospitality Relationship Management® customer relationship program, digital and social media marketing solutions, the Destination Delivers guest loyalty program, public relations, preferred partner relationships with luxury consortia, and an enhanced revenue optimization and distribution platform. Eden Roc Miami Beach is the 13th city hotel in Destination's urban collection.

"We are excited to move forward with a team of seasoned professionals who understand luxury lifestyle brands and who will establish Eden Roc Miami Beach as the premiere Miami Beach resort destination." concluded Mr. Ardid.

For current information prior to Destination Hotels & Resorts onsite management effective July 11, 2013, visit www.destinationhotels.com/eden-roc.

About Eden Roc Miami Beach Eden Roc is an iconic 21-floor, 631-room art deco hotel overlooking world-renowned Miami Beach, on prestigious Millionaire's Row. The legendary property, which was designed by architect Morris Lapidus and opened in 1956, was acquired by Eden Roc LLLP in 2005. It underwent a $250 million renovation and expansion that included the addition of a new guest tower, a luxury spa, state-of-the-art indoor meeting spaces, banquet rooms, two restaurants, and more.

About Destination Hotels

Destination Hotels (Destination) is a collection of luxury and upscale independent hotels, resorts and residences across the United States. Offering authentically-immersed and enriching experiences, each property is individual at heart, yet connected by a commitment to drawing upon the best of each location. Highly distinct, the Destination experience is always memorable and matchless; guests will feel the locale in a genuine way through each property and during the engaging moments cultivated both in and outside of them. Continuously growing with more than 40 properties from coast to coast, the award-winning portfolio features 20 renowned golf courses, 20 indigenous spas, and 110 exceptional bars and restaurants. Destination Hotels are true to our place; diverse by design. For more information, visit www.destinationhotels.com. Follow us on Twitter: @Destination. Like us on Facebook: DestinationHotels.

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Destination Hotels Management is a subsidiary of Lowe Enterprises, a Los Angeles-based investment, development and real estate firm, operating full- and select-service hotels and resorts from coast to coast. Its current portfolio consists of the following leading brands: Aloft Hotels, Embassy Suites and DoubleTree by Hilton Hotels and Marriott International's Autograph Collection.