MIAMI—The Raleigh Group, founded by designerTommy Hilfiger, has acquired The RaleighHotel on Miami Beach.
No purchase price was reported for the 105-room artdeco-designed facility that was designed in 1940 by architect L.Murray Dixon. The property, which will become the flagship propertyfor The Raleigh Group, was formerly owned by DavidEdelstein and Sam Nazarian and willcontinue to be managed by sbe EntertainmentGroup.
"The Raleigh Hotel is a true Miami Beach treasure withsophistication and style, making it the perfect property for us,"says Hilfiger. "The 1940's design of The Raleigh and its richhistory are central to our plans to rejuvenate the property. I'mreally pleased with the team I've surrounded myself with and knowthat we will deliver a world-class experience worthy of The Raleighbrand."
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
