Morgans planning to sell NYC’s Hudson and Miami’s Delano hotels

Morgans Hotel Group reportedly plans to put the Hudson New York Hotel and the Delano South Beach Hotel in Miami up for sale. Morgans is said to be hoping for a sale price of $500 million for the 928-room Hudson and $200 million for the Delano hotel. A source has said the hotel firm plans to remain as manager of the two properties. Read the New York Post story here

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