Deals
Morgans Places Luxury Delano Hotel in Miami Beach on the Market
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Morgans Hotel Group Co., which operates the Royalton and Mondrian boutique brands, put its 195-room Delano South Beach property in Miami Beach, Florida, on the market, according to the broker with the listing.
The New York-based hotelier hired Jones Lang LaSalle Hotels to market the property, Jeffrey Davis, a managing director at the brokerage, said in an e-mail today. Morgans in March completed a $10.8 million renovation of the property, including work on public areas and the makeover of its Bianca restaurant.