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Diplomat Beach Resort renovated, rebranded under Signia by Hilton
The Hollywood, Florida, hotel is undergoing extensive upgrades to its lobby, dining concepts and oceanfront conference space ahead of switching flags.
The repositioning of the historic Diplomat Beach Resort in Hollywood, Florida, has started, and the property’s new executive team is ready to keep the hotel rolling while it reflags to Hilton’s Signa brand.
The 1,000-room resort first opened in 1958 and underwent a $90 million renovation in 2018 when it was owned by Brookfield Asset Management. Trinity Investments and Credit Suisse Management bought the Diplomat through a joint venture for $835 million in February 2023. Trinity later refinanced the debt through a $575 million floating-rate loan to help pay down some debt and a portion of the multimillion-dollar renovation.
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