Miami's iconic Fontainebleau hotel reopened last month after a $1 billion makeover. Some of the additions include three upscale restaurants and a beachfront spa. "There are probably only a handful of hotels as synonymous as this is with their location. As The Plaza is to New York, as the Ritz is to Paris, the Fontainebleau is to Miami Beach," said Howard C. Karawan, chief operating officer of Fontainebleau Resorts.

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