General Management Central & South America

March 23, 2010

Mexico’s President Felipe Calderon Awards Eduardo Vela, Founder and Chairman of Velas Resorts Group, For His Contributions to Mexico’s Tourism Industry

Riviera Maya, Mexico (March 22, 2010) -- Eduardo Vela, Founder and Chairman of Mexico's Velas Resorts Group, was honored with a prestigious award from Mexico's President Felipe Calderon and the National Chambers of Commerce, Services and Tourism for his outstanding contributions and support of Mexico's tourism industry.

Velas Resorts

Mexico

Press Release

November 23, 2009

Morgans Hotel Group Announces a New Management Contract for Hotel Las Palapas in Playa del Carmen, Riviera Maya, Mexico

Morgans Hotel Group Co. today announced a management agreement for the Hotel Las Palapas, located in the vibrant Playa del Carmen resort area, which is owned by affiliates of Walton Street Capital (“Walton”). Morgans and Walton are already joint venture partners in the ownership of two other hotels - the Sanderson and St Martins Lane hotels in London.

Playa del Carmen, Mexico