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SBE Entertainment, Morgans Hotel Group Negotiations Collapse

Following months of negotiations, merger discussions between Morgans Hotel Group and SBE Entertainment Group have collapsed, reports The Wall Street Journal. The two parties involved were Ronald Burkle, a preferred equity holder in Morgans, who was in support of the ...

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Rambleside Offers $507 Million to Morgans Hotel Group

Rambleside Holdings, a real estate investment firm, has offered to buy two hotels owned by Morgans Hotel Group for $507 million. Morgans is currently in talks to merge with SBE Entertainment Group, according to The Wall Street Journal. Rambleside, which ...

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SBE in Talks to Merge with Morgans Hotel Group

SBE in Talks to Merge with Morgans Hotel Group

SBE, the hospitality, lifestyle, and real estate development company led by Sam Nazarian, is nearing an agreement to merge with Morgans Hotel Group, The Wall Street Journal reports. According to people familiar with the matter, Nazarian is expected to assume ...

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Delano Las Vegas to Open This Fall

Delano Las Vegas to Open This Fall

LAS VEGAS—The Delano Las Vegas will open at Mandalay Bay Resort and Casino in place of THEhotel in September 2014. The 1,100-room, all-suite boutique hotel is partnership between MGM Resorts International and Morgans Hotel Group. “Delano guests will be wowed ...

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