Continuing the theme of excessive facilities, the hotel has five food and beverage outlets (one is on the street outside, adjacent to the lobby, with no obvious connection) for its 300 rooms, including the 2 Michelin-starred Avenues (also 4 Forbes Stars) so named because it overlooks the golden junction of Michigan and Chicago Avenues.

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Members earn two Starpoints per dollar spent on the entire hotel tab, including food and beverage charges.

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The plan, which is supported by Morgans's board, calls for transferring to Yucaipa the Delano South Beach hotel and the company's Light Group food and beverage subsidiary.

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The company derived 94% of its revenues from its casino operations, about 4% from its hotel operations (rooms and food and beverage) and the remaining portion from entertainment, retail, and other segments.

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