🏢 Company

Swire Properties

📍 Hong Kong
2 stories · First covered Apr 12, 2026 · Latest 2h ago
Related: Mandarin Oriental 2 Miami hotel market 2 Mandarin Oriental Miami 2 Holiday Inn 1 Revenue per available room (RevPAR) 1 Hotel revenue management 1 Hotel Labor Costs 1 Branded Residences 1 Luxury hospitality profit margins 1 Hotel brand licensing 1 Mixed-use luxury development 1 Luxury hotel model 1
Owns Mandarin Oriental Miami
Mandarin Oriental
Swire Properties Coverage
They Blew Up a 326-Room Luxury Hotel. And Built Something With Fewer Rooms.
Operations Primary
2h ago

They Blew Up a 326-Room Luxury Hotel. And Built Something With Fewer Rooms.

Swire Properties imploded the 26-year-old Mandarin Oriental Miami on Sunday to replace it with a $1 billion development featuring just 121 hotel rooms... plus 228 residences priced up to $100 million each. The hotel business was never the point.

MS
Mike Storm 3 min read · 2h ago
Mandarin Oriental Miami Traded 326 Hotel Rooms for 121. The Per-Key Bet Is Staggering.
Transactions Primary
2h ago

Mandarin Oriental Miami Traded 326 Hotel Rooms for 121. The Per-Key Bet Is Staggering.

Swire Properties imploded a 326-room luxury hotel and is rebuilding with 121 keys, 298 branded residences, and $1.3 billion in pre-sales already booked. The capital structure tells you exactly where luxury hospitality profit margins are migrating.

JC
Jordan Chen 2 min read · 2h ago