Oetker Collection to transform Palm Beach, Fla., icon

The Oetker Collection will transform the Chesterfield, an iconic 100-year-old boutique hotel in Palm Beach, Fla., which was sold this year to the Reuben Brothers, a British private equity and real estate firm. The Chesterfield, the Oetker Collection’s first US property, will return to its original name, the Vineta Hotel, when it reopens next year.