Sydell Group is trying to determine interest for NoMad from potential buyers, including major hotel operators such as Hilton Worldwide, sources told Bloomberg. International discussions about a potential sale are said to be ongoing.
NoMad currently has luxury properties in Las Vegas and London. It had opened its first hotel in Manhattan, just north of Madison Square Park, but that property has since closed.
Skift reached out to Sydell Group for comment but did not receive a response.