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Hoovers > Companies > Morgans Hotel Group Co. > Morgans Hotel Group Co. Business Reports

Morgans Hotel Group Co. Business Reports

Morgans Hotel Group Co. Overview

Address

475 10th Ave. New York, 
NY 10018 United States
Phone: 212-277-4100
Fax:212-277-4260

Morgans Hotel Group Co. Rankings

Russell 2000 (June 2011)

Company Description

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.

Morgans Hotel Group Co. Company Profile Report

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$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.

  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.

  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.

  • Key People

    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

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    Choose below from the available Industry Reports related to 

  • Bars & Nightclubs Industry Report
  • Hotels, Motels & Resorts Industry Report

Bars & Nightclubs Industry Report

Purchase Report
 
$129

Overview

The US bar and nightclub industry includes about 45,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $20 billion. No major companies dominate; varying state liquor laws complicate the ability to form large chains. The industry is highly fragmented: the 50 largest companies account for about 5 percent of revenue.

SIC: 5813

NAICS: 722410

 

Sample Questions & Answers

How has flat demand in the overall alcoholic beverage market affected the company?

Increasing sales can be difficult due to flat alcoholic beverage consumption. Per capita consumption of alcoholic beverages has remained relatively constant, at about 25 gallons per person annually. Declining demand for beer (the majority of the...

 

What are the company’s biggest competitive threats, besides other bars and nightclubs?

Bars and nightclubs face competition from restaurants, hotel lounges, and customers who entertain at home. Restaurants, which offer better food options, value bar business because alcoholic drinks are especially profitable. Hotel lounges, which...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.

    • Trends & Opportunities

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

    • Call Preparation Questions

      Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

    • Industry Forecast

      Identify growth and integrate projections in your own business planning.

    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.

    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Bars & Nightclubs Industry Report

    Purchase Report
     
    $129

    Hotels, Motels & Resorts Industry Report

    Purchase Report
     
    $129

    Overview

    The US hotel, motel, and resort industry consists of about 40,000 companies that operate about 50,000 properties, with combined annual revenue of about $120 billion. Large US companies include Marriott International, Hilton Worldwide, Starwood Hotels & Resorts, and Wyndham Worldwide. The industry is fragmented: the 50 largest companies generate about 45 percent of revenue.

    SIC: 7011

    NAICS: 721110

     

    Sample Questions & Answers

    How does the company handle ups and downs in business and leisure travel?

    With the possible exception of the luxury segment, the hotel industry is sensitive to the health of the national economy, which affects the number and frequency of business and tourist travelers, the major customer segments. National personal income,...

     

    Which reservation systems are most important to the company's success?

    Access to one of several large computer reservation systems is critical to success for most hotels, as a vast majority of bookings is through the large systems. Hotel chains' and travel agencies' proprietary systems now compete with Web-based...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

      • Industry Forecast

        Identify growth and integrate projections in your own business planning.

      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.

      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Hotels, Motels & Resorts Industry Report

      Purchase Report
       
      $129

      Morgans Hotel Group Co. Overview

      Top 3 Competitors

      Company: Barceló Crestline Corporation
      Location: Fairfax, VA

      Company: Boutique Hotels & Resorts International LLC
      Location: Miami Beach, FL

      Company: Evans Hotels Corporation
      Location: San Diego, CA

      Industries where Morgans Hotel Group Co. Competes

      Upscale & Luxury Hotels
      Read More

      Hotels, Motels & Resorts
      Read More

      Bars & Nightclubs
      Read More

      Lodging
      Read More

      Restaurants, Bars & Food Services
      Read More

      Competitive Landscape Brief

      Demand for gambling is driven by consumer income growth and state spending. The profitability of individual companies depends on efficient operations and effective marketing. Large operators have the financial resources to make large investments in facilities and efficient computer operations, and have cross-marketing opportunities. Small gambling facilities can thrive by catering to local residents, who may not be able to afford travel to gambling centers such as Las Vegas or Atlantic City.

      Morgans Hotel Group Co. Competitive Landscape

      Purchase Report
       
      $69

      Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

       

      Sections Included in Report

      • Key Numbers
      • Profitability
      • Valuation
      • Operations
      • Financial Ratios
      • Per Share Data ($)
      • Growth Statistics
      • *Data provided for 3 to 30 competitors

        Company Landscape Report Highlights

        • Competitors List

          Identify specific primary and secondary competitors, allowing you evaluate the chances of successfully introducing new products.

        • Competitive Landscape

          Access detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

        Competitive Landscape Report

        Purchase Report
         
        $69