Editor’s Note: June - S. Florida Business & Wealth

Editor’s Note: June

I feel as if I’ve known our June cover subject, Dayssi Olarte de Kanavos, for decades, and not just because we’re both from New York and launched our careers there. As a newish travel writer, I went on the first hard-hat tour of The Ritz-Carlton, South Beach before it opened in 2003. My love affair with luxury hotels had begun before then, but this experience—to see how a venerated, old-school brand would integrate and celebrate the MiMo architectural style of Morris Lapidus—kicked it up a notch.

What I didn’t understand at the time was that in this collaboration between the Lowenstein family, Flag Luxury Group and Ritz-Carlton (carefully watched over by the Miami Beach Historical Preservation Board), Dayssi—as a founder and now president of Flag Luxury—had the taste and expertise that moved the needle.

The story constitutes a study in art meets commerce. The Ritz-Carlton wanted to remake Lapidus’s midcentury DiLido Hotel in their clubby, traditional style. That made no sense to Dayssi and her developer husband Paul Kanavos (or to the preservation board). Meanwhile, the preservation board, which undeniably provided some excellent input, advocated for a big, wrong move: to renovate the hotel in a midmarket, as opposed to a luxury, style. That made no sense to Dayssi, either. She knew luxury, esteemed both the grandeur of European palace hotels and the cutting-edge style of the new Amanresorts, which did tropical modernism decades before the term existed.

One of Steve Jobs’ more-famous quotes is, “It doesn’t make sense to hire smart people and tell them what to do; we hire smart people so they can tell us what to do.” Well, no one had to hire Dayssi, Paul or Flag Luxury; they actually put the deal together. Yet throughout the design process, they still had to audition their smarts to their stakeholders. In interviewing Dayssi, I was struck by how Flag Luxury was able to get their (correct) vision of luxury over the top: They didn’t take no for an answer. “My husband and his brother actually tracked down Morris Lapidus personally and invited him to the Historic Preservation Board,” Dayssi recalls.

The beloved architect—so identified with the midcentury style of Miami Beach—was in his 90s but vigorous, and he read the board the riot act in a succinct two sentences: “Anything not luxury was imposed on me by the developer. This property was always meant to be luxury.”

Case closed.

I graduated law school at NYU, didn’t like it much at all, but what I learned from Dayssi’s story is that having expertise isn’t enough. At times, you really must brandish it, and even prepare to make your case like a lawyer. You’ll rarely have a bombshell witness like Dayssi had in Morris Lapidus, but Flag Luxury’s commitment to its case is something we all might want to emulate.

You May Also Like
A drawing shows a balanced scale: one side holds a red heart and a gold ring, the other side holds a building. The scale stands on a document labeled "PRENUPTIAL AGREEMENT. South Florida Business & Wealth
The Entrepreneur’s Edge
February 15, 2026
The Business of Care
February 15, 2026
A man in a black polo shirt and cap stands smiling on a pickleball court with multiple pickleballs in motion around him. The magazine cover headline reads, "BRAD TUCKMAN: From Pixels to Pickleball. South Florida Business & Wealth
From Pixels to Pickleball
February 8, 2026
A person wearing a pink hard hat and shirt uses a hammer while working on a wooden structure outdoors, with others in similar attire working in the background. South Florida Business & Wealth
Unlocking Dreams
February 4, 2026
Broward Business Momentum

Growth, Connections, and Community Leadership

Read More
A collage of downtown Fort Lauderdale features skyscrapers, a convention center, port with shipping containers, an airplane overhead, two workers in hard hats, a handshake at a business event, and a Las Olas Blvd street sign. South Florida Business & Wealth
Docked by the Rules

Outdated Dock Codes in a Modern Boating Capital

Read More
A luxurious waterfront home with palm trees, a large dock, and two white boats moored on a calm canal under a clear blue sky at sunset. South Florida Business & Wealth
Boca’s Next Luxury Chapter

A long-anticipated branded residential debut brings Mr. C’s hospitality-first ethos to Downtown Boca Raton.

Read More
A serene outdoor pool with lounge chairs and towels, surrounded by lush greenery, in front of a modern building with balconies and large glass doors leading to a well-lit interior. South Florida Business & Wealth
Broward Business Pulse

Five Signals Shaping the Week

Read More
Downtown cityscape of Broward at sunset with high-rise buildings, palm trees, and blurred car lights. Text overlay reads: "Broward Business Pulse: Five Signals Shaping the Week. South Florida Business & Wealth
Other Posts
MODS Names New Board Trustees

Museum of Discovery and Science
Taps Healthcare and Tech Leadership for Board Chair and Trustee Roles

Read More
A white modern building with palm trees in front, labeled "Museum of Discovery and Science," featuring a distinctive arched roof and banners, under a blue sky with scattered clouds. South Florida Business & Wealth
A Study in Statesmanship

PBA’s 2026 LeMieux Speaker Series Opens with Pompeo and Kerry

Read More
Two older men in suits and ties are shown in separate circular frames with gold borders. The man on the left has light hair and a serious expression; the man on the right has gray hair and a slight smile. South Florida Business & Wealth
Breaking the Glass Ceiling in Senior Living

Melissa Honig becomes the first woman CEO in John Knox Village’s history, signaling a thoughtful evolution in Florida senior living.

Read More
A woman with long, straight blonde hair smiles broadly at the camera. She is wearing a sleeveless pink and white top and is posed in front of a plain, light-colored background. South Florida Business & Wealth