The iconic Delano Miami Beach hotel, which set the table 30 years ago for the barrier island city's emergence as a buzzy tourist spot, is gearing up for a grand comeback.
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Cain International, the hotel's asset manager, and hospitality brand Ennismore have revealed the first look at their renovation of the Delano, which they said in a press release is set to reopen in late 2025.
The redesigned beachfront hotel will have 171 rooms, including poolside and penthouse suites, a beachfront deck, pools on the ground and fourth floors, wellness facilities and retail space. The 15-story waterfront property at 1685 Collins Ave. in the heart of the art deco district will also have a two-story bungalow.
Connecticut-based Eldridge Industries, which is an owner of Cain International along with the company's CEO, Jonathan Goldstein, bought the hotel in 2020 for an undisclosed sum, the Miami Herald reported.
Cain is leading the development and tapped Ennismore last year to operate the property, which opened in 1947. Ennismore and Cain own the Delano brand and have launched a global expansion, including a recently opened Delano Dubai.
“We are thrilled to be joining forces with Ennismore to breathe new life into what we consider to be one of America's most iconic hotel brands, and share its legacy with a new generation of global travelers,” Goldstein said in a statement.
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Ennismore was created by London-based entrepreneur Sharan Pasricha, who merged his Hoxton hotel brands in 2021 into a joint venture that is majority-owned by French hotel giant Accor. When a Qatari firm acquired 11% of Ennismore in 2022, the company was valued at more than $2B.
Ennismore and Cain plan to open four restaurant and bar concepts, including a reimagined Rose Bar, which is original to the hotel. Delano Miami Beach’s redesign is being led by Elastic Architects and Ennismore’s team.
In 2023, London-based Cain announced its collaboration with Ennismore to put Delano Miami Beach under a substantial renovation. Cain sold the Delano brand to Ennismore last year and retained a minority stake in the hotel business. The partnership also plans to further expand the Delano brand to Seoul, South Korea, Istanbul and Cartagena, Colombia.
Their first expansion was a Maison Delano that debuted in Paris last year before the Delano Dubai opened in October of this year. The Delano Miami Beach will reopen as the brand's flagship location, according to the release.
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When the Delano opened nearly 80 years ago, it was Miami’s tallest building. But the brand was relaunched in 1995 by hotelier Ian Schrager through his company Morgans Hotel Group, which he led until he sold it in 2005 to start his own company called the Ian Schrager Co.
In 2016, Morgans Hotel Group sold a 13-property portfolio, including the Delano Miami Beach, for $794M to California-based SBE. SBE sold the Delano to Eldridge four years later.
In addition to adding restaurants, a bungalow and the fourth-floor pool, Cain and Ennismore plan to reinstate vertical paint bands and terrazzo flooring at the hotel and restore the lobby's trademark hexagonal columns.
“Today, together with Cain, we continue the iconic Delano story, writing a new chapter for the brand journey, not only with the epic opening of Delano Dubai this month but with the reopening of the brand’s flagship, Miami Beach,” Pasricha said in a statement. “We can’t wait for guests, both new and existing, to rediscover Delano Miami Beach.”
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