Marriott buys the Edgewater Hotel in South Beach

Marriott Vacation Club, South Beach

The Edgewater Hotel in South Beach Fla., was purchased by Marriott International. The property will be re-cristened the Marriott Vacation Club, South Beach.

Marriott purchased the hotel for $23.5 million. The 49-room property was constructed in 1936, and will undergo refurbishments during its conversion to a Marriott brand. However, the infrastructure changes will not take place and the property will retain its historical significance.

The hotel is expected to complete its updates by early 2017.

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Source: Miami Herald

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