Wavestone Selects Kimpton to Operate the Sol'e On the Ocean

Sunny Isles, Florida

. October 14, 2008

SAN FRANCISCO, CA, July 18, 2006. Kimpton Hotels & Restaurants Group, LLC, the leader in the boutique/lifestyle hotel segment, is pleased to announce Sol'e On the Ocean Resort & Spa, the newest addition to its portfolio of luxury boutique hotels. The condo hotel is located at 17315 Collins Avenue, Sunny Isles, Florida.

Located in burgeoning Sunny Isles, just north of Miami Beach, the 250 room Sol'e On the Ocean will captivate guests with its soaring design and lush architectural elements, such as the dramatic two-story lobby facing the ocean, magnificent balconies, and sculpted water fountains. The 23-story high-rise resort will feature rooms with floor-to-ceiling windows that also capture sweeping views of the ocean. Tastefully decorated interiors by Nuhouse Design, Inc. are lavishly furnished in plush contemporary design.

French interior designer, Stephane Dupoux also lends his adventuresome expertise to the design of Sol'e On the Ocean. Having received worldwide acclaim for designing such notables as Miami's Nikki Beach Club, New York's Buddah Bar and London's Cocoon, Dupoux uses his admired skill to create an inviting and sleek environment at Sol'e by blending elements of luxury with comfortable design appeal.

Sol'e's services and amenities mirror the "pamper the senses" lifestyle of South Florida. Guests will enjoy the tranquility of an infinity-edge pool overlooking the ocean, enjoy a massage in the luxe spa, or shop for casually chic apparel at the Calypso boutique. Alba, Sol'e's Italian Mediterranean restaurant, dishes up the freshest in local seafood and seasonal ingredients. Guests can also indulge in cocktails while viewing a magical Florida sunset right from the hotel's beachfront snack bar.

"Sol'e On the Ocean reflects Kimpton's brand promise to guests who seek resort-style luxury in a relaxed ambience, and refuse to compromise one for the other," said Kimpton's Senior Vice President of Acquisitions & Development Troy Furbay. "The hotel's design and amenities depict a growing trend in boutique resort lodging."

Wavestone Properties, the owner and developer of Sol'e On the Ocean, selected Kimpton to infuse the hotel with Kimpton's signature elements of personalized care and genuine comfort. "We're delighted that Kimpton, with such a reputable brand, will be managing and operating this one-of-a-kind hotel. It's a perfect fit," said Wavestone Properties Founder and President Thomas Feeley.

Furbay continued, "Working in tandem with Wavestone we have created a definitive luxury boutique experience in a resort environment.

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