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$7.32
Change (%)0.00 (0.00%)
Volume174,300
Data as of 04/15/14 4:00 p.m. ET
Minimum 20 minute delay
Recent News
DateTitle 
03/19/14Morgans Hotel Group Comments On Kerrisdale Capital's Director Nominees
NEW YORK, March 19, 2014 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) ("Morgans" or the "Company"), the New York-based hospitality management company, today confirmed that it has received notice from Kerrisdale Capital Management ("Kerrisdale") that it intends to nominate seven individuals for election to the Morgans Hotel Group Board of Directors at the Company's 2014 Annual Meeting of Stockholders on May 14, 2014. The Company also issued the following statement: "When Morgans'... 
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03/13/14Morgans Hotel Group Reports Fourth Quarter And Full Year 2013 Results
NEW YORK, March 13, 2014 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) ("MHG" or the "Company") today reported financial results for the quarter and year ended December 31, 2013.  Highlights Adjusted EBITDA was $16.1 million in the fourth quarter of 2013, a $3.4 million increase over the same period in 2012, primarily due to lower corporate expenses and an increase in EBITDA at Hudson and Delano South Beach. Revenue per available room ("RevPAR") for System-Wide Comparable Hot... 
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03/05/14Morgans Hotel Group Sets 2014 Annual Meeting Date
NEW YORK, March 5, 2014 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) ("Morgans" or the "Company") announced today that it has scheduled its Annual Meeting of Stockholders to be held at Hudson in New York City on Wednesday, May 14, 2014 at 10:00 AM Eastern time. The record date for determination of stockholders entitled to vote at the meeting has been set as the close of business on Wednesday, April 2, 2014. About Morgans Hotel Group Morgans Hotel Group Co. (NASDAQ: MHGC) is wid... 
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02/10/14Morgans Hotel Group Refinances Debt Secured by Hudson and Delano South Beach
- New Loan Strengthens Balance Sheet - NEW YORK--(BUSINESS WIRE)--Feb. 10, 2014-- Morgans Hotel Group Co. (NASDAQ:MHGC) (“Morgans”), the New York-based hospitality management company, announced today that it has successfully refinanced its $180 million mortgage loan secured by Hudson in New York and its $100 million revolving credit facility secured by Delano South Beach. The mortgage loan and credit facility were refinanced with nonrecourse m... 
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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

INT 00800 4969 1770

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