Toronto, Ontario – Trinity Hotels is excited to announce a new partnership with The Element Hotel by Westin, located at Miami Airport.
The Element by Westin is an extended stay, all-suites hotel which is part of the Marriott family of brands. Its core concept is to promote a balanced lifestyle for mid to long term travelers.
This LEED CERTIFIED – Silver; 209 all-suites hotel benefits from its premier location directly adjacent to Miami International Airport (MIA) which surpassed a historic milestone in 2019, serving over 45.9 million passengers. The property hosts 209 guestrooms and sits on 5.19 acres. The Hotel has recently undergone a $3 million PIP ($14,354 per key) that was completed in 2018/2019, which will offer us the opportunity to realize upside potential and additional value upon stabilization post-Covid-19. Guests have the convenience of being close to the airport and enjoy modern amenities available on-site: Rise Breakfast Bar & Restore Gourmet Pantry, Relax The Salon at Element, Outdoor Patio and Fire Pit, fitness center, heated outdoor pool, business center, onsite laundry, and complimentary airport shuttle.
The Element benefits from an excellent location as it is directly adjacent to one of the country’s most heavily trafficked international airports within one of the most frequented cities. Miami International Airport recorded 45.9 million passengers in 2019. Miami is one of the country’s most popular vacation spots. The Element’s current location among innumerable established and developing demand generators, combined with its recent renovation offer investors the opportunity to gain an asset primed for substantial and sustainable growth in performance for the foreseeable future.
Looking forward, Trinity Hotels is looking for other hotels which fit our investment objectives.
For more information, please visit the following link: Element Miami International Airport mentioned by Forbes
Director, Trinity Hotels