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 is the ultimate oasis of sensuality and soul, where sophistication and ease seamlessly blend with timeless design. Effortlessly chic and flirtatious, yet restrained in its simplicity, Delano is proof that the new rules of elegance are crisp, clean, and modern, without fuss or complexity.
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