Tag: Morgans Hotel GroupView All Tags
Vegas Takeovers / Name Changes / Delano Las Vegas / THEhotel at Mandalay Bay / Morgans Hotel Group / MGM Resorts / The Light Group / → All Tags
During its quarterly earnings report on Friday, Morgans Hotel Group (Delano's parent brand) stated that its agreement with MGM Resorts (Mandalay's parent group) would be part of a 10-year licensing agreement, with the ability to tack on two five-year extensions. To bring the Delano brand to Las Vegas, MGM Resorts has agreed to foot all the costs of the renovations and will manage the new property, too, while Morgans will kick back and collect (some of) the dough:
THEHotel / Delano Las Vegas / Morgans Hotel Group / Restaurants / Mandalay Bay / Openings / Closings / The Light Group / → All Tags
Major news today outta The Mandalay Bay--THEhotel will cease to exist by the end of next year and in its place will be The Delano Las Vegas. We can't believe it either! THEhotel will be no longer? The Delano is actually going to open in Las Vegas? Is this Opposite Day?
For those of you who might be asking, "What is a Delano?", allow us to fill you in. The Delano is a famous hotel in South Beach from the boutique collection of Morgans Hotels (Morgans also used to run the Hard Rock Las Vegas a few years back.) It has been long-favored by celebs, pop stars, artists and fashion designers who put up with sparse, minimalist rooms in order to have direct access to the beach and to be seen at the hotel's hot restaurants and nightclub.
Rates at the Philippe Starck-designed hotel (this is the man who will also be doing the SLS Las Vegas) can reach upwards of a $1,000 during high season. Once upon a time before the economic woes of 2008, a Delano was set to open in Boyd Gaming's fancy Echelon complex. That dream never became a reality and the lot on Las Vegas Boulevard on the site of the old Stardust is still empty.
For a look-see around the original South Beach property, check out HotelChatter's photo gallery featuring some highlights of the hotel's design.
But don't stare too long. While the Delano Las Vegas will have elements of the South Beach hotel's personality, no two Delanos are meant to look alike so when all 1,100 of THEhotel's suites get redesigned, the spot will look not just entirely different but entirely new.
And it's not just the rooms that are getting redone inside THEhotel. Here's what else will change:
We knew that that Las Vegas nightclub and restaurant company, The Light Group wasn't having a good year (cough, Harmon, cough) but things have ended on a much better note with an acquisition by the boutique hotel operator, Morgans Hotel Group.
Morgans once managed the Hard Rock Las Vegas but that partnership went south after Hard Rock sued Morgans for sullying up their name with Rehab and other too sexy events. Oh and business was just not very good for Morgans.
Yet now Morgans is heading back to Vegas in a big way after announcing that they are purchasing a 90 percent controlling interest in the Light Group to the tune of $46 million. Andrew Sasson, the founder and chairman of TLG, will join the Morgan's board of directors while Andy Masi will remain as the Light Group's Chief Executive Officer.
We knew those breast implants would come back to hurt the Hard Rock!
For all the sex, drugs and rock and roll that it brings, we could never imagine Las Vegas without the Hard Rock but yet all good times must come to an end and a Hard Rock-less Vegas this could in the near future for us.
The Hard Rock Cafe chain has filed suit against the owners of the Hard Rock Hotel and Casino alleging that the reality TV show "Rehab" which follows the raunchy pool party through its STD-filled season has given the Hard Rock a very bad name. The AP reports:
Maybe it was this heinous display that put them over the edge?
The 110-page lawsuit including exhibits says the show portrays the hotel-casino as a place that "revels in drunken debauchery, acts of vandalism, sexual harassment, violence, criminality and a host of other behavior" that most people would find offensive, including patrons of Hard Rock restaurants.