What Chile's Atton Hotels likes about Miami

Chilean hospitality company Atton Hotels is reportedly set to open its first U.S. property by June 2016 in Miami's Brickell neighborhood.

The company's CEO Francisco Levine told the South Florida Business Journal that the $65-million project has grown in scope since it broke ground in May 2014. Instead of the originally planned 275 rooms, the property will open with 298 rooms. 

Atton Hotels is actively seeking more sites in Miami, Levine added. The company is prepared to acquire existing hotels or vacant sites for new construction. He did not confirm a timeline for when those sites would be secured.


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Fort Lauderdale's Moss & Associates is the general contractor for the project and Miami-based Revuelta Architecture designed the Miami resort. Once open, it will be Atton Hotels' seventh property since the company was founded in 2000. The firm has three other hotels in development. Outside of Miami, Atton Hotels' portfolio includes properties in Santiago, Chile; Bogota, Colombia and Lima, Peru. The company aims to open 20 hotels by 2020.

Suggested Articles

Stan Group (Holdings) Ltd.’s Hotel Ease-Tsuen Wan has become a Certified B Corp., the first hotel in Asia to receive the trademarked certification.

Hotel revenue rose during the first quarter of the year, but deal volume fell by the double digits. A recent report helps shine a light on the whole story.

Arrive East Austin and Hotel Indigo Williamsburg Brooklyn are planning to open in July, with the citizenM Boston North Station to follow in early August.