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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.
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MHGC (Common Stock )
ExchangeNASDAQ (US Dollar)
Financial Status IndicatorC
Change (%) Stock is Down 0.03 (0.41%)
Data as of 04/24/15 4:00 p.m. ET
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Recent News
04/13/15The Middle East's First Delano Hotel to Debut in Dubai
Morgans Hotel Group and IFA Hotels & Resorts to Launch a Delano Resort in 2017 DUBAI, United Arab Emirates, April 13, 2015 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC), a global leader and innovator in 'Creative Class' boutique hotels, today announced its partnership with IFA Hotels & Resorts (IFA HR) to bring the Delano brand to the Middle East with Delano Dubai. Scheduled to open in 2017 as the third hotel in the Delano portfolio, Delano Dubai's 110-key deluxe hotel apar... 
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03/16/15Morgans Hotel Group Names Howard Lorber And Kenneth Cruse To Board Of Directors
NEW YORK, March 16, 2015 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) (the "Company") today announced that it has appointed veteran real estate investor, Howard M. Lorber, and hotel industry executive, Kenneth E. Cruse, to the Company's Board of Directors, effective immediately, to fill the two vacancies on the Board. With the addition of Messrs. Lorber and Cruse, Morgans Hotel Group's Board will have nine directors, seven of whom are independent. "We welcome Howard and Ken to Morga... 
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03/13/15Morgans Hotel Group Reports Fourth Quarter And Full Year 2014 Results
NEW YORK, March 13, 2015 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) (the "Company") today reported financial results for the quarter and year ended December 31, 2014.  Fourth Quarter Highlights Adjusted EBITDA, defined below, was $17.7 million in the fourth quarter of 2014, an increase of $0.2 million, or 1%, from the same period in 2013. Excluding The Light Group ("TLG"), the controlling interests of which the Company sold in January 2015, as discussed below, Adjusted EBI... 
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03/05/15Morgans Hotel Group Sets 2015 Annual Meeting Date
NEW YORK, March 5, 2015 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) today announced that it has scheduled its Annual Meeting of Stockholders to be held at Hudson in New York City on Wednesday, May 13, 2015 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 Thursday, April 2, 2015. About Morgans Hotel Group Morgans Hotel Group Co. (NASDAQ: MHGC) is widely credited as the creator of... 
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Investor Relations
Daniel Gagnier
Sard Verbinnen & Co
Richard Szymanski
Morgans Hotel Group
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Morgans Hotel Group

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