Morgans Hotel Group Co. (NASDAQ: MHGC)
New York, NY 10018 (Map) Phone: 212-277-4100
Fax: 212-277-4260
http://www.morganshotelgroup.com
Overview
Morgans Hotel Group (MHG) is part of a growing trend of staying in boutiques rather than shopping in them. The company owns (wholly or partially) and/or manages about a dozen luxury boutique hotels in high profile markets such as New York; Los Angeles; Miami; San Francisco; and London. MHG also manages hotels in Isla Verde, Puerto Rico and Playa del Carmen, Mexico. The design of each location reflects its environs, and all feature upscale restaurants and bars. Hotel brands include Delano, Clift, Hudson, Mondrian, and Royalton, while restaurant and bar brands consist of Asia de Cuba and Skybar, among others. The company developed its first property, Morgans on Madison Avenue in New York, in 1984.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Morgans Hotel Group Co. (NASDAQ: MHGC)
| Company Type | Public (NASDAQ: MHGC) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £152.8 |
| 1-Year Sales Growth | 1.6% |
| 2010 Net Income (mil.) | (£52.6) |
| 2010 Employees | 4,600 |
| 1-Year Employee Growth | 2.2% |
Key People from Hoover's UK
Key people and executives for Morgans Hotel Group Co. (NASDAQ: MHGC)
| Chairman | David T. Hamamoto (Subscribers see complete biographies -- view sample)
|
|---|---|
| CEO and Director | Michael J. Gross |
| EVP Operations | David Weidlich |
Top Competitors from Hoover's UK
Top competitors of Morgans Hotel Group Co. (NASDAQ: MHGC)
There are 14 competitors for Morgans; see more.Significant Developments
View company events at Morgans Hotel Group Co. (NASDAQ: MHGC) such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Top Executive Change | Subscribers get full details -- view a sample |
| Top Executive Change | |
| Top Executive Change |
Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
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Lodging
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Lodging
- Upscale & Luxury Hotels(primary)
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Lodging
Rankings from Hoover's UK
See how Morgans Hotel Group Co. (NASDAQ: MHGC) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones

