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MIAMI , Dec. 20, 2024 /PRNewswire/ -- Hyatt Centric South Beach Miami is proud to announce the completion of its highly anticipated renovations, redefining luxury and sophistication in the heart of South Beach at 1600 Collins Ave, Miami Beach, FL 33139. Designed by Lang & Schwander to embody the vibrant energy and upscale charm of Miami , the updates include newly reimagined rooms and suites, check-in lobby, inclusivity spaces, from food and beverage and communal lounge areas that celebrate the hotel's commitment to connecting guests to the pulse of the city. Elevated Rooms and Suites The newly renovated 105 guest rooms and suites blend modern design with thoughtful functionality. Each space is adorned with sleek furnishings, neutral tones, and vibrant accents inspired by Miami's art scene. Enhanced amenities include plush bedding, state-of-the-art technology, and expansive windows offering stunning views of South Beach's iconic skyline and coastline. Enhanced Check-In Lobby and Inclusivity Spaces Guests are greeted with an upgraded check-in lobby on the third floor that exudes warmth and style. Featuring contemporary decor and comfortable seating, the space serves as an inviting prelude to their South Beach experience. Communal areas have also been reimagined to foster connection, offering vibrant social spaces. From a chic full bar serving classic and unique cocktails, to indoor communal lounge area to serene outdoor terraces, Hyatt Centric South Beach Miami provides the perfect setting to connect and recharge with fellow travelers. Unparalleled Amenities Hyatt Centric South Beach Miami continues to deliver exceptional amenities that cater to modern travelers. Guests can enjoy: "Hyatt Centric South Beach Miami has always been envisioned as a destination where the vibrant spirit of South Beach meets unparalleled hospitality. Our recent renovations mark the next chapter in our dedication to elevating guest experiences and showcasing the beauty and culture of Miami Beach ," said Robert Finvarb , Founder of Robert Finvarb Companies. Hyatt Centric South Beach Miami serves as the ultimate launchpad for adventure, offering guests access to the city's finest attractions, including Ocean Drive, Lincoln Road Mall, and the Art Deco Historic District. About Hyatt Centric Hyatt Centric is a brand of full-service lifestyle hotels located in prime destinations. Created to connect guests to the heart of the action, Hyatt Centric hotels are thoughtfully designed to enable exploration and discovery so they never miss a moment of adventure. Each hotel offers social spaces to connect with others in the lobby, meanwhile the bar and restaurant are local hot spots where great conversations, locally inspired food and signature cocktails can be enjoyed. Streamlined modern rooms focus on delivering everything guests want and nothing they don't. A passionately engaged team is there to provide local expertise on the best food, nightlife and activities the destination has to offer. For more information, please visit hyattcentric.com . Follow @HyattCentric on Facebook and Instagram , and tag photos with #HyattCentric. About Robert Finvarb Companies Hyatt Centric is a brand of full-service lifestyle hotels located in prime destinations. Created to connect guests to the heart of the action, Hyatt Centric hotels are thoughtfully designed to enable exploration and discovery so they never miss a moment of adventure. Each hotel offers social spaces to connect with others in the lobby, meanwhile the bar and restaurant are local hot spots where great conversations, locally inspired food and signature cocktails can be enjoyed. Streamlined modern rooms focus on delivering everything guests want and nothing they don't. A passionately engaged team is there to provide local expertise on the best food, nightlife and activities the destination has to offer. For more information, please visit hyattcentric.com . Follow @HyattCentric on Facebook and Instagram , and tag photos with #HyattCentric. About Robert Finvarb Companies Robert Finvarb Companies (RFC) is a private real estate investment and development company based in Miami, Florida . Robert Finvarb , founder of the company, started his development career in 2002. Since then, RFC has developed nineteen hotels containing an excess of 3,500 guestrooms that operate under various Marriott and Hyatt brands and are located in seven states and the District of Columbia . RFC has a reputation for developing high-quality assets and possesses a track record of success in all market cycles. As a private company, the principals invest their own equity in all projects and are personally involved in all phases of development and operations. For more than 20 years, RFC has carefully cultivated its reputation of excellence in the hospitality industry. RFC's team of development and lodging specialists have a wide-ranging expertise in real estate and capital markets that is applied in identifying accretive investment opportunities to maximize the financial performance of such projects. CONTACT: Jacqueline Mercado Hyatt Hotels Corporation + 1 786 578 6886 jacqueline@identitymediapr.com View original content to download multimedia: https://www.prnewswire.com/news-releases/new-year-new-look-hyatt-centric-south-beach-miami-debuts-elevated-style-and-luxury-302337669.html SOURCE Hyatt Centric South Beach Miami
TORONTO — Canada's main stock index ended Tuesday narrowly in the red, weighed down by losses in energy and base metals stocks, while U.S. markets moved higher. Investors digested the latest news from U.S. president-elect Donald Trump, who threatened sweeping new tariffs of 25 per cent on products from Canada and Mexico. The “sizable” tariff promise likely shocked markets somewhat right off the bat, said Mike Archibald, vice-president and portfolio manager with AGF Investments Inc. “But I think as people have kind of digested they've thought that this is probably a starting position from a bargaining standpoint,” he said. The announcement was in line with Trump’s tactics used during his first presidency, said Archibald. The S&P/TSX composite index closed down 5.21 points at 25,405.14. In New York, the Dow Jones industrial average was up 123.74 points at 44,860.31. The S&P 500 index was up 34.26 points at 6,021.63, while the Nasdaq composite was up 119.46 points at 19,174.30. A few Canadian companies saw their share prices drop because of the outsized impact such a tariff could have on certain sectors, said Archibald. These included Bombardier, BRP, Linamar and Magna International. “You can see the biggest losers on the market today are generally those that manufacture in either Canada and/or Mexico,” he said. But higher tariffs could also be inflationary for the U.S., said Archibald. Markets have been paring back their bets for interest rate cuts in the U.S. in the wake of the election in anticipation of potentially higher inflation. “It’s a bit too early to know,” said Archibald. Despite the uncertainty, he said markets are still poised to do well in the coming months thanks to Trump’s overall pro-business bent. “I still think the market is in a very good position to rally ... into the end of the year,” he said. “The S&P 500 is still going to do fairly well relative to other markets around the world.” The loonie fell to a four-year low before clawing back some of its losses later in the day, he noted. The Canadian dollar traded for 71.01 cents US compared with 71.53 cents US on Monday. The January crude oil contract was down 17 cents at US$68.77 per barrel and the January natural gas contract was up three cents at US$3.47 per mmBTU. The December gold contract was up US$2.80 at US$2,621.30 an ounce and the March copper contract was down four cents at US$4.12 a pound. — With files from The Associated Press This report by The Canadian Press was first published Nov. 26, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian PressNone
We may be witnessing peak CEO exodus, according to a new report, which found that more chief executive officers have left their roles in 2024 than in any other year over the past few decades. As of November, 1,991 CEOs have announced their departures, marking the highest total on record since executive outplacement firm Challenger, Gray & Christmas began tracking CEO changes in 2002. The previous record was made just a year ago when 1,914 CEOs left their companies. That includes 167 CEOs exits last month, including Subway CEO John Chidsey and Dollar Tree CEO Rick Dreiling , although Chidsey won’t officially leave until the end of 2024. In both cases, the companies said departing CEOs would be replaced by interim leaders. Thirteen percent of all CEO replacements named in 2024 have been on an interim basis, up from 7% in 2023, according to Challenger. “The current landscape has a lot of uncertainty baked in, and companies are responding by putting temporary leaders in place. This can act as a trial run to see how the leader navigates current challenges,” the firm’s senior vice president, Andrew Challenger, said in a statement, noting that it’s “much less disruptive” to replace an interim head if necessary. So far this year, the most common reason given for a CEO’s departure has been that they “stepped down,” while almost 500 companies offered no reason. The third and fourth most common explanations were that CEOs were either retiring or seeking a new opportunity. Only 10 departures were publicly linked to allegations of sexual misconduct or professional misconduct. The non-profit and government sector recorded the most departures this year, with 438 exits, followed by the healthcare and technology sectors, according to Challenger. The entertainment sector reported 139 CEO exits, while the financial sector saw 140 CEO transitions. Here’s a handful of high-profile CEOs who exited their companies this year. Starbucks ( SBUX -1.63% ) ousted CEO Laxman Narasimhan in favor of then-Chipotle ( CMG +0.40% ) CEO Brian Niccol , while the CEO of its North America division retired . Boeing’s ( BA +1.62% ) Dave Calhoun resigned in March amid the company’s numerous crises , Hertz’s ( HTZ +5.66% ) Stephen Sherr resigned in March after leading the company through its bankruptcy, while Amazon Web Services CEO Adam Selipsky stepped down in June. Paramount’s ( PARA +0.43% ) Bob Bakish resigned in April to be replaced by a new “office of the CEO,” Nestle ( NSRGY +0.63% ) CEO Mark Schneider stepped down in August after an eight-year tenure, and Nike ( NKE -0.69% ) replaced CEO John Donahoe with company veteran Elliot Hill in October. The CEOs of Northvolt , Discover Financial , and Under Armour also left this year. At least one CEO was “replaced” with an artificial intelligence chatbot in 2024, according to Challenger. That’s still a rare approach but one that some experts have started advocating for. Chinese online gaming firm NetDragon Websoft was the first to take such a step in 2022, followed by Polish rum firm Dictador and legal tech startup Logikcull . Although official numbers won’t be published until January, several more CEOs quit or were forced out in December. Intel ( INTC +1.97% ) CEO Pat Gelsinger was ousted early this month, as was Stellantis ( STLA +0.55% ) CEO Carlos Tavares , after they lost the confidence of their respective boards. Dave & Buster’s ( PLAY +5.31% ) CEO Chris Morris resigned on Dec. 10 to lead European Wax Center as its chief executive beginning next month. Campbell’s ( CPB -0.90% ) CEO Mark Clouse is leaving the soup and snacks company to join the NFL’s Washington Commanders. The CEO of UnitedHealthcare ( UNH +2.32% ), a subsidiary of the larger UnitedHealth Group , was killed in New York City earlier this month. 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.Kendrick Lamar surprises with new album 'GNX'
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