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1675-20 Ritz-Carlton mhcur RITZ-CARLTON OPENS WITH A SPLASH 01/19/2004 THE MIAMI HERALD Copyright (c) 2004, The Miami Herald DATE: Monday, January 19, 2004 EDITION: Final SECTION: Business Monday PAGE: 5G LENGTH: 56 lines ILLUSTRATION: photo: Franz Ferschke and Alice Kanavos with Paul and Dayssi Olarte de Kanavos (a) , a charm featuring a cruise ship (a) SOURCE/CREDIT LINE: The Herald staff MEMO: SUNSHINE BRIEFS RITZ-CARLTON OPENS WITH A SPLASH The much-delayed Ritz-Carlton in Miami Beach finally cut the ribbon last Wednesday with a synchronized-swimming display that recalled the days of Esther Williams. The opening capped a five-year, $200-million renovation at the former DiLido hotel, designed by Morris Lapidus in 1953. The Ritz-Carlton, which opened to the public Dec. 31, features a sleek, modern style that fits with its 1 Lincoln Road address. William Marriott Jr., chairman and CEO of Marriott International, parent company of Ritz-Carlton, said the hotel reflects a trend in Ritz-Carlton of designing new hotels that fit with their settings, rather than sticking with the traditional Newport-style Ritz-Carlton design. On hand were Marriott; Simon Cooper, president and COO of Ritz-Carlton Hotel Co. ; Alfred Lowenstein, who owned the hotel before its conversion and is principal owner of Lionstone Hotels and Resorts, and his partner, Paul Kanavos, principal owner of Flag Luxury Properties. - JANE WOOLDRIDGE : 0401230307 20 of 45, 1 Terms mhcur NEW RITZ-CARLTON DELAYS ITS OPENING 12/25/2003