Major Expansion Slated for Las Vegas Hard Rock

Morgans Hotel Group Co. and DLJ Merchant Banking Partners announced a large-scale expansion and renovation project for the Hard Rock Hotel & Casino in Las Vegas. The expansion will include the addition of approximately 950 guest rooms, including an all-suite 15-story tower with upgraded amenities, approximately 60,000 square feet of meeting and convention space, and 35,000 square feet of casino space. Expansion of the Hard Rock's pool, new food and beverage outlets, a new and larger "Joint" live entertainment venue, 30,000 square feet of new retail space and a new spa and health club, and renovation of existing suites and common areas are also on the list. Project completion is expected by mid-2009. After completion, the Hard Rock will have approximately 1,500 rooms. Visit [www.hardrockhotel.com].

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