International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
Morgans Hotel Group
The hotel group that currently runs stylish and high-end hotels in the US and UK, has just announced plans of building a hotel in Dubai.
September 9, 2008 6:04 by kippreport
Hard Rock Hotel and Casino
In February last year, MHG and equity partner DLJ Merchant Banking Partners, acquired the Hard Rock rights for Casinos and Hotels in Las Vegas for $770m.
In 1995 Peter Morton (Hard Rock Café founder) spent around $80m to open the Hard Rock Hotel and Casino at Las Vegas. Its success led to a further expansion in 1999, nearly doubling the hotel’s capacity. Another expansion began in 2007.
The hotel currently includes five restaurants, three cocktail lounges and the Rock Spa, an 8,000 square foot spa, salon and fitness center.
The Hard Rock Hotel and Casino has hosted live acts from several big names including Rolling Stones, Coldplay, Alicia Keys, David Bowie and Snoop Dogg.
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