MIAMI—Coral Hospitality inked a management contract for The Savoy Hotel on South Beach. The 75-suite hotel was recently acquired by New York-based Allied Partners and will undergo a multimillion-dollar refurbishment.
The Savoy is located on Ocean Drive directly on the beach in the Art Deco district. It offers s one- and two-bedroom suites, two outdoor swimming pools, a poolside fitness center, an ocean-view sundeck, a restaurant and lounge, banquet and meeting space. It is a 10-minute drive to Miami International Airport and The Port of Miami from the hotel.
Coral Hospitality, led by CEO Lee Weeks, is a full-service hospitality management and investment company specializing in beach, mountain and golf resorts.