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Fontainebleau Resorts, LLC, is a resort-hotel company started in Florida by South Florida real estate developers Turnberry Associates [1] and the Plant family in 2005, after their purchase of the Fontainebleau Hotel in Miami Beach. The two families each hold a 50% stake in the company. The company is based in Enterprise, Nevada. [2] [3]
The Fontainebleau Miami Beach, also known as the Fontainebleau Hotel, is a hotel in Miami Beach, Florida. Designed by Morris Lapidus , the luxury hotel opened in 1954. In 2007, the Fontainebleau Hotel was ranked ninety-third in the American Institute of Architects list of " America's Favorite Architecture ". [ 2 ]
The purpose of the 2017 spin-off of Hilton Grand Vacations (and Hilton's lodging real estate investment trust now known as Park Hotels & Resorts) from Hilton Worldwide into separate companies was to transform Hilton Worldwide into an asset-light company, making it more efficient for its shareholders due to it having less capital investments ...
Muss was seminal in getting Miami Beach to implement a 3% "bed" tax to rebuild the city's aging infrastructure [4] which included refurbishing and expanding its convention center. [4] [6] He was the president of the Miami Beach Redevelopment Agency. [7] In 1994, he sold the Seacoast Towers for $94 million. [4]
Hilton returned to being a public company on December 12, 2013. This second IPO in the company's history raised an estimated $2.35 billion. [69] The Blackstone Group retained a 45.8% stake in the company. [7] The company announced in February 2016 that Hilton would turn its hotel holdings into a real estate investment trust. [70]
Miami, Florida-based ILG was the parent entity to Interval International which was founded in 1976. [12] Interval International operates global membership programs for more than 1.6-million-member families. It also provides value-added services and benefits to its developer clients worldwide.