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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 (US Dollar)
Financial Status IndicatorC
Price$6.58
Change (%) Stock is Down 0.1 (1.50%)
Volume15,009
Data as of 07/02/15 4:00 p.m. ET
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Recent News
DateTitle 
05/21/15Hudson "Creator Unconference" General Assembly Program Announced
A Weekend Of Content and Experiences for Guests NEW YORK, May 21, 2015 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) and General Assembly ("GA"), the global educational institution offering instruction and opportunity in technology, business and design, today announced the full line-up for their first ever 'Creator's Unconference,' to be held at Hudson next weekend from Friday, May 29th - Sunday, May 31st. The event will be the first in a number of Creator Unconferences in New ... 
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05/19/15Morgans Hotel Group Announces Leadership Changes
Board Member Howard M. Lorber Appointed Chairman Jason T. Kalisman Resigns as Interim CEO, Remains a Director NEW YORK, May 19, 2015 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) (the "Company"), today announced that Jason T. Kalisman has resigned as Interim Chief Executive Officer of the Company to spend more time on personal matters, effective immediately, and he will remain a member of the Board. Howard M. Lorber, veteran real estate investor and member of Morgans Board, has ... 
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05/15/15Holiday Deficit Disorder (HDD) Is Killing Global Creativity
Fight HDD With MHG, The First And Only Treatment For Chronic HDD NEW YORK, May 15, 2015 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) ("MHG") today has launched a global campaign to eradicate a newly diagnosed condition currently referred to as Holiday Deficit Disorder or HDD.  HDD is a global epidemic induced by a lack of sufficient vacation time and no destination is too far-flung to escape the terrible symptoms. Professionals and creative types in major urban locales have re... 
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05/08/15Morgans Hotel Group Reports First Quarter 2015 Results
NEW YORK, May 8, 2015 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) (the "Company") today reported financial results for the first quarter ended March 31, 2015.  First Quarter Highlights Adjusted EBITDA, defined below, was $9.7 million in the first quarter of 2015, which is flat as compared to the same period in 2014.  Excluding the sale of The Light Group ("TLG"), as discussed below, Adjusted EBITDA was $9.6 million for the first quarter of 2015, an increase of $1.8 million,... 
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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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