Industry Update
External Article 8 October 2014

Morgans to sell off Hudson and Delano hotels

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The next “suite” New York City hotel deal may be ready to check in. Morgans Hotel Group in recent weeks has started a formal sales process for the 928-room Hudson Hotel on Columbus Circle and is hoping to fetch a nifty $500 million for the Ian Schrager-developed property, The Post has learned. Morgans is also looking to sell its 194-room Art Deco-style Delano South Beach hotel in Miami for $200 million, sources said.

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Delano offers modern travellers that most rare and coveted of experiences — unadulterated luxury that nourishes their hedonistic desires, body and soul. It redefines the luxury resort experience with first-inclass service and customised guest experiences that awaken your curiosity, nourish your senses and soul, and shape a personal journey for couples, loved ones, solo travellers and families that lives well beyond each stay.
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