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Morgans Hotel Group Co. (MHGC) – Operating Luxury Hotels Since 1984

Morgans Hotel Group (“MHG”) is a hospitality company that focuses on the purchase and redevelopment of elegantly upscale boutique-style hotels. Since its inception in 1984, MHG has acquired a portfolio of nine properties spread over the cities of New York, Miami, L.A., San Francisco, and London. In all, the company operates more than 2,500 rooms in some of the world’s most desirable resort locations.

Aside from its nine world-renowned establishments, MHG and an equity partner own the Las Vegas Hard Rock Hotel and Casino, which is currently undergoing an expansion. There are also a number of other properties that the company is pursuing in various gateway cities. 2009 will mark the opening of the Mondrian South Beach (Miami), and ground-breaking on the Mondrian SoHo in NY, and the Ames Boston.

MHG is certainly a company to watch for several reasons. The facilities that it currently operates are among some of the most impressive hotels on the planet, all having been designed with elegance and sophistication. In addition, active growth regarding openings and renovations in the proximate future seem to allude to the fact that 2009 is going to be a big year for Morgans Hotel Group Co.

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