Law360, New York (June 20, 2014, 10:17 AM EDT) -- No longer are the major hotel flags of the world the only ones taking their talents to South Beach. Boutique hotels are becoming the focus of the Miami hospitality market at a time when investors are pouring millions into Miami real estate.
The small boutique hotels that line Collins Avenue and Ocean Drive in Miami Beach — once controlled by mom-and-pop operators — have become the new darling of investors. They are being targeted by overseas capital, some of the country's largest hospitality investors and brands reacting to a consumer demand for the personal service and memorable experience that boutique hotels...
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