Morgans Hotel Group has placed the iconic South Beach Delano Hotel on the market.
Just this past March a $10.8-million renovation project was completed at Delano that included a makeover for the Bianca restaurant. The 195-room hotel is listed for around $200 million, or roughly $1 million per room. For comparison, the 1500-room Fontainebleau Miami Beach was appraised earlier this year for $1.1 billion or about $731,000 per room.
Last year, Morgans sold the Mondrian Los Angeles for $137 million.
On Tuesday, Jan. 25, Miami-based designer David Jon Acosta presented Gold Saturn's Spring …
Read More
Weston-based InSite Group and London-based Cube Capital have partnered to purchase Contine…
Read More
New York-based Morgans Hotel Group announced today that it will open the Delano Marrakech—…
Read More
Staring out of a cab’s dirty window is no way for a tourist to take in South Beach. Instea…
Read More
Miami Beach’s Delano Hotel is yet again proving it’s a one-of-a-kind place. According to r…
Read More
Photo: WallPaperJunction Luxury real estate seems to be doing well in Miami; approximately…
Read More
