The ideal chic party hotel is a place that effortlessly blends fashion and fun, luxury and a certain louche decadence.

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The family that owns the chic Bal Harbour Shops near Miami wants a bigger slice of South Florida's luxury-retail market.

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The hotel, which opened in 1997, has always been a top luxury option in Puerto Rico, and now the recent room renovations make it feel updated and chic the contemporary design has a sophisticated island twist (calming yellows and blues reflect the preeminent palette of the island).

FORBES: Why You Should Book A Trip To San Juan Today