At the beginning was Morgans. After the success of this first authentic boutique hotel opened in 1985, the visionary Ian Schrager built a collection of fashionable hotels. But its financial management led its founder to step down in 2005. The investor North Star Capital completely took over the reigns, launching a vast development plan and a brand strategy developed around the brands Mondrian and Delano. Such dynamism generates envy.
The Morgans Hotel Group is getting closer and closer to the Persian Gulf. The American hotel group has just announced the opening of Delano Dubai for 2012. But its headquarters just might make the virtual voyage earlier. Several newspapers, including the Times, have been talking about two Emirate...
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