Hotelier Chris Blackwell, whose company owns the Leslie at 1244Ocean Drive, plans to use the sale proceeds to renovate anotherproperty, the 126-room Governor Hotel at 435 21st St., near theMiami Beach Convention Center. FKS Realty Group is marketing theLeslie.
Although average hotel occupancy in Miami Beach declined 1.7% to65.2% in 1999, the average daily room rate was $126.25, up $15 fromthe previous year, according to the Greater Miami Convention andVisitors Bureau.
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