New York-based Morgans Hotel Group Co. (MHGC) announced that its chief executive officer (CEO) Fred Kleisner will resign upon the completion of his tenureship on December 31.
The hotel...(read more
Morgans Hotel Group Co. (Nasdaq: MHGC) ("MHG" or the "Company") today reported financial results for the quarter ended September 30, 2010.
* Adjusted EBITDA, excluding the impact of the closure and re-concepting of the restaurants...(read more
According to a new report by Jefferies & Company, Morgans Hotel Group Co. (NASDAQ: MHGC) should be a beneficiary of its positioning in the luxury urban markets where RevPAR should recover the most rapidly.
“Leverage has remained a...(read more