LuxUrban Hotels announced that it has acquired the long-term rights to the Townhouse Hotel in South Beach, Florida via a 21-year Master Lease Agreement, inclusive of option. The Townhouse Hotel – which will be powered by the company’s consumer facing LuxUrban brand – is expected to commence operations in December 2022. Located just steps from the beach, the Townhouse Hotel is a 70-unit property located in Miami’s South Beach. The property offers freshly remodeled Standard, Superior and Penthouse accommodations reflecting a chic combination of European style and Miami Beach flair, and a warm and hospitable staff. The company has also commenced operations at the Washington Hotel in New York City. As previously announced, the company acquired the Washington Hotel via a 15-year MLA. Located in downtown Manhattan, the Washington Hotel is a premier, 217-unit luxury hotel with beautifully appointed rooms, a state-of-the-art fitness center, outdoor terrace, and rooftop that offers panoramic vistas of the New York City skyline.
Published first on TheFly