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$7.69
Change (%) Stock is Up 0.06 (0.79%)
Volume181,900
Data as of 12/17/14 4:00 p.m. ET
Minimum 20 minute delay
Recent News
DateTitle 
12/16/14Morgans Hotel Group Announces Agreement To Sell The Light Group To Hakkasan Group For $36 Million
NEW YORK, Dec. 16, 2014 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) (the "Company") today announced that it has entered into a definitive agreement to sell its 90% controlling interest in The Light Group ("TLG"), a leading lifestyle food & beverage company, to Hakkasan Group, a worldwide dining, entertainment, and hospitality company, for a total enterprise value of $36 million.  The purchase price includes the remaining 10% equity interest in TLG held by Andrew Sasson, TLG's foun... 
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11/18/14Morgans Hotel Group Welcomes Its Newest 'Morgans Original' Property With The Opening Of 10 Karakoy
NEW YORK, Nov. 18, 2014 /PRNewswire/ -- Today, the newest property and first international franchise in Morgans Hotel Group Co.'s (NASDAQ: MHGC) portfolio of boutique hotels, 10 Karakoy, a Morgans Original® ("10 Karakoy") opened its doors. Located in Karakoy, one of the most vibrant and burgeoning districts in the heart of Istanbul, the 71-guestroom property offers an intimate, luxury boutique experience where history meets modernity. Built in neo-classical style, the historic property has been ... 
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11/10/14Morgans Hotel Group Announces The Opening Of Half & Half At Hudson
HALF & HALF, AN ARCADE & DANCE HALL, RETURNS CLASSIC NEW YORK NIGHTLIFE TO HUDSON NEW YORK, Nov. 10, 2014 /PRNewswire/ -- On Wednesday, November 5th Morgans Hotel Group (NASDAQ: MHGC) unveiled its newest nightlife concept, Half & Half, an arcade and dance hall at the legendary Hudson Hotel. Inspired by the early 1980's art and music scene of downtown Manhattan when nightlife was designed by the likes of Haring, Warhol, or Basquiat, Half & Half, centers around rotating installa... 
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11/10/14Morgans Hotel Group Announces The Opening Of Half & Half
HALF & HALF, AN ARCADE & DANCE HALL, RETURNS CLASSIC NEW YORK NIGHTLIFE TO HUDSON NEW YORK, Nov. 10, 2014 /PRNewswire/ -- On Wednesday, November 5th Morgans Hotel Group (NASDAQ: MHGC) unveiled its newest nightlife concept, Half & Half, an arcade and dance hall at the legendary Hudson Hotel. Inspired by the early 1980's art and music scene of downtown Manhattan when nightlife was designed by the likes of Haring, Warhol, or Basquiat, Half & Half, centers around rotating installa... 
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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

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