Portugal's Group Pestana has opened its first U.S. hotel in Miami Beach.
The grand opening for Pestana South Beach Art Deco Hotel, 1835 James Ave., was Monday. The tourism and leisure company bought the vacant property in 2008 for $10 million and invested $25 million in major renovations.
With four buildings, the hotel has 97 rooms and suites, two two-bedroom apartments, a pool and a restaurant.
The property, built between 1940 and 1952, was formerly known as the Hotel Milejan.
Group Pestana, which is family-owned, includes almost 90 hotels around the world under the Pestana Hotels & Resorts and Pousadas de Portugal brands. By Hannah Sampson