Demand Fundamentals
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Demand Technicals
Company Profile
Morgans Hotel Group Co., a hospitality company, engages in the ownership, operation, acquisition, development, and redevelopment of boutique hotels in gateway cities and select resort markets primarily in the United States and Europe. The company owns and manages Morgans, Royalton, and Hudson hotels in New York, New York- Delano South Beach, Mondrian South Beach, and Shore Club hotels in Miami, Florida- Mondrian Los Angeles hotel in Los Angeles, California- Clift hotel in San Francisco, California- St Martins Lane and Sanderson hotels in London, the United Kingdom- Ames hotel in Boston, Massachusetts- and Hard Rock hotel and casino in Las Vegas, Nevada. As of March 1, 2011, it owned or partially owned, and managed a portfolio of 12 luxury hotel properties. The company also manages two nonMorgans Hotel Group branded hotels, including the San Juan Water and Beach Club in San Juan, Puerto Rico- and Hotel Las Palapas in Playa del Carmen, Mexico. Morgans Hotel Group Co. was incorporated in 2005 and is based in New York, New York.
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