Technogym
Technogym
Technogym

Morgans Hotel Group looking into possible sale of company

The Morgans Hotel Group is looking to sell the company following a takeover attempt by the largest shareholders - OTK Associates.

OTK attempted to seize control of the hotel group, which operates the Sanderson and St Martins Lane hotels in London, after accusing Morgans of wasting resources and not capitalising on its potential.

The Hotel Group said that five major hospitality companies had shown interest in the US-based outfit, which operates a number of lifestyle brands such as the Mondrian, Delano and Hudson, as well as several independent properties.

In addition to its current holdings in London, Morgans is currently developing an additional two properties - the 360-room Mondarin, located on South Bank, set to open next year and the 234-room Hudson, on Great Scotland Yard in St James' which is launching in 2015.

The Morgans Hotel Group is looking to sell the company following a takeover attempt by the largest shareholders - OTK Associates. OTK attempted to seize control of the hotel group, which operates the Sanderson and St Martins Lane hotels in London, after accusing Morgans of wasting resources and not capitalising on its potential. The Hotel Group said that five major hospitality companies had shown interest in the US-based outfit, which
PRO,HHR,HOT
More news
News stories: 1 - 30 of 7784     
 
 
 
News stories: 1 - 30 of 7784     
 
 
 
featured supplier
Featured Supplier: CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone
Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design.
company profile
Company profile: Myrtha Wellness
Myrtha Pools was founded in 1961 in Italy by the engineer Giorgio Colletto and through research and development has become leader in the swimming pool industry and has created an international brand.
Try cladmag for free!
Sign up with CLAD to receive our regular ezine, instant news alerts, free digital subscriptions to CLADweek, CLADmag and CLADbook and to request a free sample of the next issue of CLADmag.
sign up
features
The temporary TED Theater in Vancouver is built using 8,200 wooden beams. It has been designed so all of the seats are as close to the stage as possible
David Rockwell
"For me it’s about constantly recreating an environment in which you’re willing to not know the answer"

From Nobu Restaurants and Ian Schrager’s latest hotel to Imagination Playgrounds and the set design for The Rocky Horror Show, US architect and designer David Rockwell always keeps it fresh. He tells us the secrets of his creativity

The Pedras Salgadas eco park launched in 2013
Paula Marques, Unicer representative and GM of Vidago
"We felt a great sense of social responsibility when we acquired the land, and so we undertook a huge project in order to rebuild these two 100-year-old parks Paula Marques, Unicer representative and GM of Vidago"

How Portugal’s biggest brewer enlisted the help of one of the country’s best known architects to turn two historic nature parks into thermal spa and nature destinations

Heatherwick’s 1000 Trees development in Shanghai, China
"The entire way of living is changing in Asia, and the need for communities is on the rise"

The new wellness communities changing the face of residential design in Asia

Catalogue Gallery
Click on a catalogue to view it online
To advertise in our catalogue gallery: call +44(0)1462 431385
features
Double glazed windows and wooden shutters are opened and closed to control the natural ventilation. The house is cooled without air-con in spite of 40°C temperatures
"It’s important for people to be rooted in place. This is a very special house, with powerful connections to nature"

Jennifier Beningfield has built her dream home in South Africa, using ancient building methods

Snohetta’s underwater restaurant
"Should a thousand year wave occur, you’ll be completely safe"

A sneak preview of one of the world’s largest underwater restaurants

The slanted wall of the main building allows 150 mile-an-hour winds to glide over it
"We’re not built for constant comfort. When we live in spaces that connect us to our surroundings, we feel better, stronger and happier – and that is the very definition of being well"

Early-onset MS inspired Adria Lake to explore resilience as both a healing modality and an approach to design in the creation of her new home and company headquarters in Colorado

features
Richard Meier received his architectural training at Cornell University and set up his practice in 1963
"Developers today have no incentive to create public space"

The American modernist architect on his latest project and his love of the colour white

The design of the the National Kaohsiung Center for the Arts in Taiwan was inspired by local banyan trees, which provide shelter and a place to meet
Francine Houben
"Looking back, I recognise the coherence of the work we’ve done"

As she works on the renovation of the New York Public Library, Mecanoo’s creative director talks inspiration, idealism and the advantages of getting older

Fisketorvet Copenhagen Mall
"Most clients are very focused on how buildings are used and experienced as the primary design driver"

The MD of Schmidt Hammer Lassen and the CEO of PerkinsWill tell us why their merger will help create smarter buildings driven by human behaviour

cladkit product news
Alberto Apostoli designs tech-forward Wellness Therapy furniture collection for Varaschin
The furniture collection draws on absolute geometries, pure lines, neutral colours and strong references to nature
Megan Whitby
Furniture manufacturer Varaschin has unveiled the new Wellness Therapy range, designed by Italian spa and wellness architect and designer Alberto ...
Alberto Apostoli and Newform collaborate to launch the A.Zeta showerhead
The showerhead offers two modes; rainfall or waterfall
Megan Whitby
Italian architect Alberto Apostoli has renewed his partnership with Newform – an Italian wellness company – and designed A.Zeta. A.Zeta ...
Jaffe Holden helps bring Academy Museum of Motion Pictures alive
Jaffe Holden provided architectural acoustics for the Academy Museum
Magali Robathan
Acoustical consulting firm Jaffe Holden provided architectural acoustics and audio/video design services for the recently opened Academy Museum of Motion ...
cladkit product news
Eco Resort Network conference to convene in Mauritius this May
The event will be hosted in the Mauritius in 2024
Megan Whitby
Hospitality industry event Eco Resort Network is set to take place at the Ravenala Attitude Hotel, Turtle Bay, Mauritius, from ...
Koto Design introduces wood-fired hot tub
Koto is known for crafting modular, energy-neutral cabins and homes
Katie Barnes
A striking wood-fired hot tub has been unveiled by Koto, an architecture and design studio which has a passion for ...
Siminetti unveils iridescent decorative panelling range inspired by plants
The Clematis design
Megan Whitby
The Botanicals is Siminetti’s newest Mother of Pearl decorative panelling collection, inspired by the distinctive patterns found in botany and ...
cladkit product news
Mather & Co and ITV unite to create Coronation Street Experience
Mather & Co has transformed the visitor centre into the ultimate haven for ardent Coronation Street viewers
Magali Robathan
Experience designers, Mather & Co, have orchestrated a remarkable collaboration with ITV to unveil the new Coronation Street Experience, a ...
Eden project uses drones to spell out climate change warning
Magali Robathan
Almost 300 drones were used to signal an environmental message above the Eden Project’s biomes, during the UN Climate Change ...
Codelocks develops new glass door smart lock
The new lock model allows facilities and building managers to create and manage access via an app or online portal
Megan Whitby
Codelocks has launched its first glass door smart lock to bring intelligent access control to modern spa, leisure, fitness and ...
x
Sign up with CLAD for regular news updates
x
Email this to a friend or colleague
I am happy for Leisure Media to contact me occasionally by email and understand that I can opt out at any time.
Morgans Hotel Group looking into possible sale of company
The Morgans Hotel Group is looking to sell the company following a takeover attempt by the largest shareholders - OTK Associates.
Technogym
Technogym