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Corporate Profile

Morgans Hotel Group is a fully integrated hospitality company that operates, owns, and acquires boutique hotels, primarily in gateway cities and select resort markets in the United States, Europe, and other international locations. 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 currently own, partially own and/or manage a portfolio of eleven hotel properties in London, Los Angeles, New York, Miami, San Francisco, comprising over 3,200 rooms. In addition, we also have a licensed hotel in Las Vegas, comprising 1,117 rooms and a francised hotel in Istanbul, comprising 71 rooms.

Stock Quote
MHGC (Common Stock )
ExchangeNASDAQ (US Dollar)
Financial Status IndicatorC
Change (%) Stock is Down 0.01 (0.45%)
Data as of 07/22/16 4:00 p.m. ET
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Recent News
05/09/16Morgans Hotel Group Reports First Quarter 2016 Results
NEW YORK, May 09, 2016 (GLOBE NEWSWIRE) -- Morgans Hotel Group Co. (NASDAQ:MHGC) (the “Company” or “Morgans”) today reported financial results, in constant dollars where applicable, for the quarter ended March 31, 2016. First Quarter 2016 Operating Results Adjusted EBITDA, defined below, excluding the Company’s ownership interests in TLG and Mondrian SoHo, which the Company no longer held effective during the first quarter of 2015, was $8.1 million in the first quarter of 2016, compared to... 
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05/09/16SBE to Acquire Morgans Hotel Group
NEW YORK, May 09, 2016 (GLOBE NEWSWIRE) -- Morgans Hotel Group Co. (NASDAQ:MHGC), (“Morgans”) today announced it has entered into a definitive agreement under which Morgans will be acquired by leading global lifestyle hospitality company SBE. Under terms of the agreement, SBE will acquire all of the outstanding shares of Morgans common stock for $2.25 per share in cash, which, together with the exchange of Morgans Series A preferred securities, the assumption of debt and transfer of capitalize... 
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05/03/16Morgans Hotel Group Announces First Quarter 2016 Earnings Date and Conference Call Information
NEW YORK, May 03, 2016 (GLOBE NEWSWIRE) -- Morgans Hotel Group Co. (NASDAQ:MHGC) today announced that it will release its first quarter 2016 results after the market closes on Monday, May 9, 2016. The Company will also host a conference call to review the quarter’s results on Monday, May 9, 2016 at 5:00 PM Eastern Time. The call will be webcast live over the Internet and will be accessible at under the Investors section. Participants should follow the instructions ... 
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03/31/16Morgans Hotel Group's Brand-Wide 'Spring Renewal' Wellness Programming + Partnerships Launch Across Delano, Mondrian, Hudson, Clift, Morgans, Royalton, Sanderson, St Martins Lane And 10 Karaköy
Morgans Hotel Group Welcomes Spring With Innovative and Mindful Initiatives NEW YORK, March 31, 2016 /PRNewswire/ -- The wellness trend extends beyond a person's daily routine at home, and the boutique hotel originator, Morgans Hotel Group, has taken note with the launch of exciting new programs across their portfolio. Taking creativity to a new level, Morgans Hotel Group introduces a mindful coloring book for adults featuring each of its hotels' iconic design elements, and has curated partne... 
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Contact Information
Investor Relations
Daniel Gagnier
Sard Verbinnen & Co
Richard Szymanski
Morgans Hotel Group
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Morgans Hotel Group

US 800 606 6090

INT 00800 4969 1770

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