The Palms Hotel and Spa Revenue and Competitors

Miami, FL USA

Location

N/A

Total Funding

Hospitality

Industry

Estimated Revenue & Valuation

  • The Palms Hotel and Spa's estimated annual revenue is currently $75.4M per year.(i)
  • The Palms Hotel and Spa's estimated revenue per employee is $279,400

Employee Data

  • The Palms Hotel and Spa has 270 Employees.(i)
  • The Palms Hotel and Spa grew their employee count by 15% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$8.1M408%N/AN/A
#2
$14.2M620%N/AN/A
#3
$12.1M534%N/AN/A
#4
$9.6M474%N/AN/A
#5
$47.2M16926%N/AN/A
#6
$6.5M323%N/AN/A
#7
$4.3M24-4%N/AN/A
#8
$4.6M26-19%N/AN/A
#9
$13M572%N/AN/A
#10
$19.6M777%N/AN/A
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The Palms Hotel & Spa is a AAA 4-Diamond rated resort and one of Miami Beach’s top award-winning independent beach resorts. Our beachfront property features 251 luxuriously appointed guestrooms, an extensive tropical garden and pool area, as well as over 8,000 square feet of meeting space for social and corporate events. Other key features include Essensia Restaurant & Lounge, a natural gourmet dining destination following a farm-to-table philosophy, and The Palms Spa, an Aveda lifestyle spa. The Palms’ core values include environmental friendliness, health consciousness and family friendliness. The Palms Hotel & Spa is a distinguished member of Preferred Hotels & Resorts and a winner of the TripAdvisor Certificate of Excellence. Additional awards include: Florida Green Lodging Certified, Tripadvisor Green Leaders Silver, South Florida Award for Green Practices, OpenTable.com Diners’ Choice Winner, and The Knot Best of Weddings. Set on the northern side of South Beach, The Palms sits on its own stretch of pristine beach just 12 miles from Miami International Airport and nine miles from the Miami downtown business district. Independently managed and owned by the Krause family, The Palms sister hotel, the 97-room Circa 39, is located nine blocks North in the resurging Mid-Beach area.

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N/A

Total Funding

270

Number of Employees

$75.4M

Revenue (est)

15%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$81M29011%N/A
#2
$55.6M2945%N/A
#3
$96.2M303N/AN/A
#4
$96.8M30531%N/A
#5
$180.3M5688%N/A