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Morgans To Move Into Russia

Aug 17, 2012
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American company Morgans Hotel Group has signed a 20-year management agreement with Moscow-based real estate developer Capital Group for its first property in Russia. The Delano Moscow will be part of Capital Group’s OKO project, which is being developed within the Moscow City mixed-used complex. When it opens in 2015, the 160-room hotel will be the first hotel to operate in the Moscow City development and it will become the third Delano property outside of the USA. The brand will be making its international debut next month when the 71-room Delano Marrakech opens in Morocco, North Africa, followed by the Delano Cesme, in Turkey, which is also expected to open in 2015.