who owns the delano hotel in las vegas
MGM Resorts International
title: Host Hotels & Resorts text: it owned, for $54 million. In December 2016, president and chief executive officer W. Edward Walter resigned. In February 2017, the company acquired the Don CeSar Beach Resort in St. Pete Beach, Florida from Prudential Insurance and minority partner Loews Corporation for $214 million. In March 2017, the company acquired the W Hollywood Hotel in Los Angeles for $219 million. Host Hotels & Resorts Host Hotels & Resorts, Inc. is a real estate investment trust that invests in hotels. As of February 20, 2018, the company owned 93 upscale hotels containing approximately 52,000 rooms. In 1897, the Van Noy Brothers title: Alex Meruelo text: Bros within the Southern California area. The group also owns a bank, a spanish-language independent television station KWHY-TV, The Grand Sierra Resort, and other businesses. The SLS Las Vegas (formerly the Sahara Hotel and Casino) in Las Vegas, Nevada, was purchased by the Meruelo Group on June 2017. Alex Meruelo Alex Meruelo is a Cuban-American businessman. Meruelo was born in New York City and moved to Los Angeles, California. He attended the Don Bosco Technical Institute in Rosemead, CA and received his B.S. from California State University, Long Beach. He began his career in his father's tuxedo business. In 1985 title: Phil Ruffin text: Phil Ruffin Phillip Gene "Phil" Ruffin (born March 14, 1935) is an American businessman. He owns the Treasure Island Hotel and Casino in Las Vegas, in addition to a number of other enterprises including hotels, casinos, greyhound racing tracks, oil production, convenience stores, real estate, and the world's largest manufacturer of hand trucks. He is also a business partner of Donald Trump, with whom he co-owns the Trump International Hotel in Las Vegas. Long a resident of Wichita, Kansas, Ruffin now lives in Las Vegas, Nevada. On the "Forbes" 2018 list of the world's billionaires, he was ranked #877 with title: Delano Las Vegas text: "Mandalay Bay" letters at the top of the original tower. In 2011, the hotel became one of the few Las Vegas Strip hotel properties to allow dogs. Later that year, Travelocity included the hotel on its list of the top 10 hotels in Las Vegas, based on customer reviews. On August 6, 2012, MGM Resorts International announced the rebranding of THEhotel into the Delano Las Vegas as part of a partnership with Morgans Hotel Group. Through the deal, MGM would manage the hotel under a licensing agreement with Morgans Hotel Group, which owned the Delano brand. All of the suites title: Hotel del Coronado text: by the Blackstone Group LP (60%), Strategic Hotels & Resorts Inc. (34.5%), and KSL Resorts (5.5%). When Strategic Hotels & Resorts Inc. bought its stake in 2006, the hotel was valued at $745 million; as of 2011, the hotel was valued at roughly $590 million. In 2014, Strategic Hotels & Resorts became full owners of the hotel. In December 2015, Blackstone purchased Strategic Hotels & Resorts. In March 2016, Blackstone sold Strategic Hotels & Resorts to Anbang Insurance Group, a Beijing-based Chinese insurance company, in a $6.5 billion deal involving multiple resorts. Anbang thus bought 16 luxury American hotel properties