Update: More information about the renovation and timeline have been added below.
Hyatt has long been weak in Miami Beach, though it was buoyed when the Confidante joined the brand as part of the brand’s Unbound Collection of hotels.
The mid-beach hotel used to be my favorite use of Hyatt card anniversary nights before it went up from a category 4 to 5 earlier this year, now costing 17K-23K points per night.
The 339 room hotel has now been sold for $232 million and will reflag under Hyatt’s luxury lifestyle Andaz brand after a $60 million renovation.
The renovation work will be done in phases starting in the 4th quarter of 2022 and the completion and reflagging is expected in the first half of 2024. The hotel will remain open during the renovation.
The renovation will see the lobby moved for an oceanview check-in experience, reinvigorating the pool and backyard recreation area, modernizing the guestrooms, and expanding the suite mix.
On the one hand, it’s too bad that Hyatt will be losing an affordable Miami Beach option, but on the other hand unlike Hilton, IHG, and Marriott, Hyatt still has an award chart so it will be capped for how many points it will cost per night. That’s great for a Miami Beach luxury hotel, which can be prohibitively expensive during high season!
Alas, the days when Miami’s trendy kosher scene was found in the mid-beach area, as it was a decade ago, are long gone. That has migrated north to the Surfside area, where Marriott dominates the market with the Residence Inn Surfside, S. Regis Bal Harbour, and Ritz Carlton Bal Harbour. I’m scared to think about how many points the latter luxury properties will cost starting next year when Marriott points go fully variable.
I’d guess that the Andaz hotel will be a category 7 after the reflagging, costing between 25K-35K points per night, though both category 6 (21K-29K points) or 8 (35K-45K points) are also possibilities.
Are you excited or disappointed about this development?