Who owns the Breakers Palm Beach?
The Breakers Palm Beach is a historic, Renaissance Revival-style luxury hotel with 538 rooms. It is located at 1 South County Road in Palm Beach, Florida. The Breakers is currently a AAA five-diamond rated resort and has maintained this rating since 1996. Who owns the Breakers Palm Beach? Flagler System, Inc. (FSI) is the privately…
The Breakers Palm Beach is a historic, Renaissance Revival-style luxury hotel with 538 rooms. It is located at 1 South County Road in Palm Beach, Florida. The Breakers is currently a AAA five-diamond rated resort and has maintained this rating since 1996.
Who owns the Breakers Palm Beach?
Flagler System, Inc. (FSI) is the privately held parent company and original family ownership of The Breakers Palm Beach, Breakers West Country Club, and One North Breakers Row.
The Breakers’ celebrated history is a tribute to its founder, Henry Morrison Flagler, the man who transformed South Florida into a vacation destination for millions. Now into its second century, the resort not only enjoys national and international acclaim, but it continues to thrive under the ownership of Flagler’s heirs.
The Palm Beach Inn, which opened on January 16, 1896, was fully booked for most of that first season. The hotel was smaller and quieter than the vast Royal Poinciana and overlooked the Atlantic Ocean. Instead of asking for rooms at the main hotel, many regular Palm Beach guests asked for rooms “down by the breakers.
The second conflagration consumed the entire hotel on March 18, 1925. Afterward, with 1,200 workers, Flagler’s heirs rebuilt the property into a new $7 million Italian Renaissance-style showpiece, which reopened on Dec. 29, 1926. That breaker is the foundation of today’s much-expanded property.
