Morgans Hotel Group has completed a $17.5 million renovation of the Royalton in Manhattan. This was the first large-scale renovation in Morgans' history; the company was previously owned by Ian Schrager, who departed to launch the Gramercy Park Hotel.

The revamped Royalton has three new penthouse designs as well as slate bathrooms in the guest rooms. For more information, visit [http://www.morganshotelgroup.com]. (MA)