Morgans Hotel Group

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Morgans Hotel Group
Type Public
Traded as NASDAQMHGC
Founded 475 Tenth Avenue
New York, New York
Founder(s) Ian Schrager
Headquarters 475 Tenth Avenue
New York, NY,
United States
Area served Boston, New York, Miami, Los Angeles, San Francisco, Las Vegas & London
Key people Jason Kalisman, Interim CEO
Daniel R. Flannery, CFO
Website Morgans Hotel Group

Morgans Hotel Group (MHG) is a hospitality company that owns & operates boutique hotels as well as acquiring and redeveloping in the United States and Europe.

MHG owns or partially owns and manages thirteen hotels in London, Los Angeles, Miami, New York and San Francisco comprising over 3,000 rooms. Each of its hotels was designed by a world−renowned designer.[citation needed]

History[edit]

The company is generally credited with inventing the Boutique Hotel in 1984 when it opened Morgans Hotel in New York.[citation needed]

The Delano Las Vegas is planned for 2014 as a rebranding of THEhotel at Mandalay Bay, in partnership with MGM Resorts International.[1]

In 2012 it was announced that Morgans would be overhauling Sea Containers House in London to be launched as a Mondrian Hotel in 2014. The design of the hotel was awarded to the Tom Dixon (industrial designer) led Design Research Studio.[2]

In the spring and summer of 2013, Morgans became the bone of contention in a proxy war between OTK Associates, a, investment vehicle for the Olshan and Taubman real estate interests, and Yucaipa, the investment alter ego of Ron Burkle.

MHG Hotels[edit]

References[edit]

  1. ^ "The Hotel to be rebranded as Delano Las Vegas". Las Vegas Review-Journal. August 6, 2012. Retrieved 2012-08-07. 
  2. ^ "Tom Dixon to turn Sea Containers House into Mondrian Hotel". Design Week. Retrieved 3 January 2014. 

External links[edit]