There has been some confusion surrounding the ownership of the Deauville Beach Resort, a historic hotel located in Miami Beach, Florida. In this article, we’ll explore the history of the resort and try to answer the question of who owns it.
History of the Deauville Beach Resort
The Deauville Beach Resort was originally built in 1957 by a group of investors led by Morris Lapidus, a prominent architect who also designed several other iconic hotels in Miami Beach. The resort quickly became a popular destination for celebrities and politicians, with Frank Sinatra famously performing at the hotel’s Napoleon Ballroom.
Over the years, the Deauville changed hands several times. In 1964, a group of investors led by Samuel Friedland purchased the resort for $13 million. Friedland was a successful businessman and philanthropist who made his fortune through his ownership of The Food Fair supermarket chain.
In 1973, Friedland sold the Deauville to another group of investors for $14 million. However, he continued to be involved with the hotel as an advisor until his death in 1982.
The Current Owners
As of 2021, the Deauville Beach Resort is owned by AD1 Global Hospitality, a Florida-based hospitality company that specializes in hotel acquisition and development. AD1 Global acquired the property from its previous owners in 2019 for an undisclosed amount.
Since taking ownership of the Deauville, AD1 Global has invested millions of dollars into renovating and modernizing the hotel. The renovations include updates to guest rooms and common areas as well as improvements to event spaces such as the Napoleon Ballroom.
Conclusion
In summary, while there have been several different owners over its history, as of 2021, AD1 Global Hospitality is currently responsible for managing and operating the Deauville Beach Resort. With its rich history and prime location on Miami Beach, the Deauville remains a popular destination for tourists and locals alike.
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