Morgans plans two more Middle East hotels

GCC: Morgans Hotel Group has signed letters of intent for two more hotels in the Middle East, adding to the Mondrian Doha which will open in 2015.

GCC: Morgans Hotel Group has signed letters of intent for two more hotels in the Middle East, adding to the Mondrian Doha which will open in 2015.

The company, which specialises in lifestyle boutique hotels in select resort markets, will make its Middle East debut in the second quarter of next year with the 270-room Mondrian Doha.

Morgans Hotel Group interim CEO Jason Kalisman said: “We are making solid progress on expanding our development platform. We recently have signed two letters of intent for hotels located in the Middle East. Each of these projects contemplates long-term agreements with no investment needed from Morgans.”

“With regards to the pipeline we’re focused on major markets in North America, Europe and the Middle East where we can take advantage of markets where we have scale,” he added.

www.morganshotelgroup.com

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