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Hyatt Announces Plans to Bring Andaz Brand to Florida

Hyatt Hotels Corporation (NYSE: H) today announced the sale of The Confidante Miami Beach to Sunstone Hotel Investors, Inc. and the highly anticipated rebrand of this oceanfront resort to Andaz Miami Beach, which will be the Andaz lifestyle brand s introduction to Florida. Sunstone plans to invest approximately $60 million to reimagine the property over the next two years, creating an immersive and inspiring luxury lifestyle resort experience. Upon completion, travelers and Floridians alike can enjoy the Andaz brand s distinctly local experiences that stimulate the senses. ....

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