Investor Overview

Corporate Profile

Morgans Hotel Group is a fully integrated hospitality company that operates, owns, acquires and redevelops boutique hotels in gateway cities and select resort markets worldwide. With the launch of the first ever “boutique hotel” concept in 1984, Morgans Hotel Group has been credited with establishing and defining the rapidly expanding boutique hotel sector.

Since that time, we have gained experience operating in a variety of market conditions. We own, partially own and/or manage a portfolio of thirteen luxury hotel properties in London, Los Angeles, New York, Miami, San Francisco, comprising over 3,700 rooms. Each of our owned hotels was acquired and renovated by the Morgans Hotel Group and was designed by a world-renowned designer.
Stock Quote
MHGC (Common Stock )
ExchangeNASDAQ GM (US Dollar)
Price$7.40
Change (%)0.00 (0.00%)
Volume137,900
Data as of 10/20/14 4:00 p.m. ET
Minimum 20 minute delay
Recent News
DateTitle 
09/30/14Morgans Hotel Group Redefines The London Hotel Market With The Opening Of Mondrian London At Sea Containers
NEW YORK, Sept. 30, 2014 /PRNewswire/ -- Today, Morgans Hotel Group opened its newest hotel, Mondrian London at Sea Containers, a 359-room luxury hotel fusing inventive food, beverage and entertainment offerings with groundbreaking design to produce a vibrant hub on London's South Bank. The first Mondrian-branded hotel outside the United States, Mondrian London at Sea Containers represents the evolution of the Mondrian brand, offering guests and locals an urban boutique hotel experience that is ... 
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09/10/14Morgans Hotel Group Announces Groundbreaking Partnership With PopNation, A Theatrical Social Event
Performances Of PopNation Begin At Hudson - November 2014 NEW YORK, Sept. 10, 2014 /PRNewswire/ -- Reintroducing the marriage of amazing hotels and great theater, Morgans Hotel Group is thrilled to announce its latest innovative collaboration between Hudson and PopNation, a merging of music, theater and nightlife. The show, produced by Anthony J. Cantalupo, will transform the multi-level Good Units space beneath Hudson, turning it into New York's newest entertainment destination.   PopNati... 
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09/03/14Morgans Hotel Group Comments on Strategic Alternatives Process
NEW YORK, Sept. 3, 2014 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) ("Morgans" or the "Company") today commented on the Company's ongoing review of strategic alternatives. The special transaction committee of the Morgans Board of Directors, formed at the beginning of 2014, retained Morgan Stanley & Co. LLC in May of 2014 to assist the Company in evaluating a full range of strategic alternatives.  The Company today disclosed that the special transaction committee has directed Mo... 
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08/08/14Morgans Hotel Group Reports Second Quarter 2014 Results
NEW YORK, Aug. 8, 2014 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) (the "Company") today reported financial results for the quarter ended June 30, 2014.  Highlights Adjusted EBITDA was $14.8 million in the second quarter of 2014.  Excluding termination fees in 2013, Adjusted EBITDA increased 26.7% over the same period in 2013 primarily driven by strong operating performance at the Company's Owned Hotels, including a 36.8% increase in EBITDA at Delano South Beach. Revenue pe... 
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Contact Information
Investor Relations
888.277.4158
Daniel Gagnier
Sard Verbinnen & Co
212.687.8080
dgagnier@sardverb.com
Richard Szymanski
Morgans Hotel Group
212.277.4188
richard.szymanski@morganshotelgroup.com
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Morgans Hotel Group

US 800 606 6090

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