Who Is Buying the Diplomat Beach Resort?

The Diplomat Beach Resort is a luxury hotel located in Hollywood, Florida. It features a private beach, two signature restaurants, and world-class amenities.

This resort has been a favorite among travelers for years due to its excellent service, superior accommodations, and top-notch facilities. But who is buying the Diplomat Beach Resort?

The Diplomat Beach Resort was purchased by Thayer Lodging Group in March of 2019 for $460 million dollars. Thayer Lodging Group is a real estate investment trust that specializes in acquiring hotels and resorts across the United States. The company has over $2 billion dollars of assets under management and owns more than 50 properties in total.

Thayer Lodging Group is committed to providing the highest level of service at the Diplomat Beach Resort. They plan to invest in renovations to upgrade the hotel’s amenities and features to ensure it remains one of the world’s premier luxury resorts. In addition, they are also looking at ways to improve sustainability initiatives such as reducing energy use and waste.

The new owners are also planning to add additional amenities such as a spa, fitness center, poolside cabanas, and an expanded meeting space. These additions will help make the resort even more attractive to travelers who are looking for top-notch accommodations with all the bells and whistles.

In conclusion, Thayer Lodging Group is buying The Diplomat Beach Resort with the goal of providing superior service with high-end amenities at an affordable price point. They are investing heavily into renovation projects that will modernize the hotel while improving sustainability initiatives as well. With their commitment to excellence, it looks like The Diplomat Beach Resort will remain one of the best luxury resorts in Florida for years to come.

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Chris Powell