• Park Hotels & Resorts reopened the Royal Palm South Beach Miami following a comprehensive renovation costing more than $100 million.
• Project added 11 guestrooms, bringing the resort to 404 rooms across the East and West towers plus the Lanai bungalow.
• Upgrade included new food and beverage concepts, refreshed public areas, enhanced pool and beachfront amenities, expanded meeting space of about 20,000 square feet.
• Park expects the investment to nearly double the hotel’s EBITDA once the asset stabilizes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Park Hotels & Resorts Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260722740826) on July 22, 2026, and is solely responsible for the information contained therein.