Monday, May 15, 2006
Hard Rock Hotel & Casino Sold
The Las Vegas Hard Rock Hotel & Casino has just been sold for $770 million. The Morgans Hotel Group purchased the 41 acre property, which includes the 647 room hotel & 30,000 square foot casino, a beach club, Body English nightclub, a concert hall, 5 restaurants, and a spa & fitness center. The Morgans Group also manages hotel and bar brands such as Mondrian, Hudson, Royalton, and Skybar. The Hard Rock brand was founded in 1971, and the Hard Rock Hotel & Casino was built in 1995 in Las Vegas and then doubled in size in 1999. Still waiting for a poker room though.
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