Hotel Astor, managed by "true Boutique hotel" management company STEM™ Hotels, is announcing a 2 million dollar refurbishment program to enhance and reposition the property, a landmark 1936 Art Deco hotel located in the heart of South Beach, Miami.
The hotel aims to recapture its iconic status on Miami Beach by restoring all guest rooms & suites to their original glory while adding modern amenities and services befitting of a high quality boutique property. The Hotel’s aim is to bring back the glamorous South Beach of the Art Deco days, through carefully curated cultural programs and events.
David Hart, Managing Partner of the Hotel Astor: “The hotel’s refurbishment is primarily funded through the EB5 program, a popular government investment stimulus that allows foreign nationals to obtain green card status in the US. The Hotel Astor will use this cash influx to refurbish and reposition the property as a deluxe “True Boutique Hotel”. This includes the upgrade of all its 41 rooms and suites, the restaurant and public areas as well as the introduction of new services and the return of the swimming pool and possibly a rooftop spa and terrace. “
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