Purchase of a luxury hotel: Glamor at last with Credit Suisse | Basler newspaper

Glamor at last at Credit Suisse

The big bank buys a huge luxury hotel in Florida for 835 million dollars.

Arthur Rutishauser

Arthur RutishauserDas Resort «The Diplomat on Hollywood Beach» in Florida bietet 1000 Zimmer.
Arthur Rutishauser The resort “The Diplomat on Hollywood Beach” in Florida offers 1000 rooms.Arthur Rutishauser Photo: Alamy Stock Photo

The real estate deal is one of the most expensive in recent years in South Florida. Pass away CS is financing the $835 million purchase with some of its real estate funds and Trinity Investments, a Honolulu-based real estate company. The hotel “The Diplomat on Hollywood Beach”, which is located directly on the beach, has 1000 rooms, half of which are suites and the other half are double rooms. Cost item professional night on the booking platforms: around 1200 francs. Another hotel is to be built on the same property.

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