The Diplomat Beach Resort is a luxurious oceanfront hotel located in Hollywood, Florida. It is a popular destination for travelers who are looking for a perfect getaway to relax and unwind. But have you ever wondered who owns this magnificent resort?
Well, the Diplomat Beach Resort is owned by Thayer Lodging Group, a privately held real estate investment company headquartered in Annapolis, Maryland. Thayer Lodging Group acquired the Diplomat Beach Resort in 2014 and invested $100 million in renovating and upgrading the property.
Thayer Lodging Group is a subsidiary of Brookfield Asset Management, one of the world’s largest alternative asset managers with over $600 billion in assets under management. Brookfield Asset Management has investments across various sectors, including real estate, infrastructure, renewable energy, and private equity.
The Diplomat Beach Resort has been an iconic property since its establishment in 1958. Over the years, it has undergone multiple renovations and expansions to become what it is today – a world-class resort that offers unparalleled luxury and comfort to its guests.
The resort features 1,000 guest rooms and suites with breathtaking ocean views and state-of-the-art amenities. It also boasts several restaurants and bars that serve delicious cuisine from around the world. The Diplomat Beach Resort also has a full-service spa where guests can indulge in various treatments to rejuvenate their mind, body, and soul.
Apart from its luxurious accommodations and services, the Diplomat Beach Resort also has an impressive meeting and event space that can accommodate up to 5,000 guests. The resort has hosted many high-profile events over the years, including conferences, weddings, galas, and concerts.
In conclusion, Thayer Lodging Group owns the iconic Diplomat Beach Resort located in Hollywood Florida. As part of Brookfield Asset Management’s portfolio of investments across various sectors globally with over $600 billion assets under management; this investment aligns with their strategy to invest in high-quality assets with long-term growth potential. The Diplomat Beach Resort continues to provide world-class luxury accommodations and services to its guests, making it a popular destination for travelers from around the world.
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