Miami - flooded with top class hotels

To understand the amount of investment in new hotels in Miami these days, it is worth to take a stroll up to the Collins Avenue.

Collins avenue, which is also known as State road A1A, goes parallel to miles of the Atlantic Ocean which offer Miami Beach its name. The road was named for John Collins, the well known developer who made the very first bridge linking this strip to the mainland in the year 1913. At that time alone, John Collins would have no path of knowing that one day, his namesake road would be home to one of the nation's most prolific hotel opening regions.

Beginning on 1500 block, the James Royal Palm Hotel started its operation in November following a US$ 42 million renovation effort of what had been Royal Palm hotel. One block up, the 87 room Gale South Beach and Regent Hotel started operating in January following a US$ 35 million restoration.

Kitty-corner is the new SLS South Beach that after an US$ 85 million renovation, started its operation last summer in the former Ritz Plaza, the 2nd version of Los Angeles hotel brand. Three blocks up, B Resorts and Hotels is slated to started its operation in B South Beach in the ex-253 room Continental Hotel, one of 2 B hotels tapped to start business in Miami in 2013.

Near Collins, the Perry Hotel will soon stop its operation as it will go through a US$ 150 million renovation, before starting its operation by the end of the year as part of Starwood Capital Group's brand of 1 Hotel & Residences.