Z Capital Partners acquires Miami's Carillon Hotel

Private equity firm Z Capital Partners today completed the acquisition of the Carillon Hotel and Spa, which was previously operated and managed as Canyon Ranch Hotel & Spa in Miami Beach. The property will continue to provide all amenities and services previously offered, including spa facilities, fitness classes and programs and restaurants. Z Capital also plans to significantly enhance these offerings in the ensuing months. Additionally, Z Capital has offered employment, subject to customary background verifications, to all current employees and instructors.

The property was renamed "The Carillon Hotel & Spa" and will be managed by a new joint venture created by Z Capital, together with Adrian Zecha, founder of Amanresorts and GHM Hotels, and Jonathan Breene, developer and creator of The Setai, South Beach. This new venture will be led by Z Capital's Thomas Wicky, who previously managed The Breakers, Boca Resort and Fisher Island, among others.

Suggested Articles

During the Virtual CEOs Check-in Panel, leaders of major hospitality companies expressed hope for the future.

In a voice vote, the U.S. Senate cleared the way for further aid to businesses affected by the COVID-19 outbreak.

The enhanced cleanliness standards and protocols have been put in place for the membership company's more than 430 hotels worldwide.