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Hilton Acquires Majority Controlling Interest in Sydell Group to Expand NoMad Hotels Brand Worldwide

Hilton | April 3, 2024

Brand marks Hilton’s debut in fast-growing luxury lifestyle category MCLEAN, Va. and MIAMI – Hilton (NYSE: HLT) today announced it has acquired a majority controlling interest in Sydell Group (“Sydell”) to expand the NoMad Hotels brand from its existing London flagship location to high-end markets around the world. The addition of NoMad to Hilton’s brand portfolio marks the global hospitality leader’s entry into the fast-growing luxury lifestyle hotel market with a meticulously designed brand defined by exceptional food and beverage, interior design and service. Over the last decade, Sydell, led by founder Andrew Zobler, h...

Sydell Group and MGM Resorts Continue Property-Wide Transformation of Las Vegas’ Monte Carlo Now Branded as Park MGM

MGM Resorts International | May 9, 2018

LAS VEGAS (May 9, 2018) – With the lighting of its new marquee and hotel tower signs, Monte Carlo officially sheds its name this week for a new identity – Park MGM – making way for the resort set for completion later this year. Following a transformation that will touch every element of the central Strip property, Park MGM is a welcoming social hub that evokes the residential spirit, intimacy and individuality of a boutique experience on a resort scale. A partnership between Sydell Group and MGM Resorts International, Park MGM was born from the collaborative vision of the New York-based lifestyle hotelier and one of th...

MGM Resorts & Sydell Group to Rebrand & Reinvent the Monte Carlo Resort and Casino Through a $450 Million Transformation

MGM Resorts International | June 6, 2016

LAS VEGAS, June 6, 2016 -- MGM Resorts International (NYSE: MGM) and New York-based Sydell Group have announced a partnership to reimagine and rebrand Monte Carlo Resort and Casino. The approximately $450 million transformation, which will touch every element of the property, will include two distinct hotel experiences: a Las Vegas version of Sydell's widely acclaimed NoMad Hotel, and the launch of a new luxury hotel named Park MGM. In addition to fully redesigned and renovated hotel guest rooms, each hotel will feature innovative and exciting food & beverage experiences unique to the Las Vegas market, including the award-winnin...

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