Info

Morgans Hotel Group Co. is a fully integrated hospitality company that operates, owns, acquires, develops and redevelops boutique hotels primarily in gateway cities and select resort markets in the United States and Europe. At December 31, 2007, the Company owned or partially owned, and managed a portfolio of eleven luxury hotel properties in New York, Miami, Los Angeles, Scottsdale, San Francisco, London and Las Vegas, comprising approximately 3,400 rooms. In addition, it has eight announced developments or expansions, representing an estimated 3,350 additional guest rooms. Each of the Company’s hotels has a personality specifically targeted to reflect the local market environment and features modern, sophisticated design that includes public spaces, destination bars and restaurants, and personalized service.(Source: 10-K)