| Company type | Private 1984-2006 Publicly traded (NASDAQ: $MHG) February 14, 2006-November 30, 2016 Private 2016-2017 |
|---|---|
| Industry | Hospitality, real estate development, investments |
| Founded | 1984 |
| Defunct | 2017 |
| Headquarters | 475 Tenth Avenue New York City, NY, U.S. |
Area served | Worldwide (Doha, London, Istanbul, Los Angeles, Las Vegas, Miami, New York City, San Francisco) |
Key people | Ian Schrager Chairman, Founder, and CEO (1984–2005) Jason Kalisman Chairman & Interim Acting CEO (2013–2015), representing grandfather Alfred Taubman's interests Lance Armstrong Board Member (2006) Sam Nazarian CEO (2016–2017) |
| Brands | Morgans Hotel Royalton Hotel Paramount Hotel Delano South Beach Mondrian Hotel Hudson Hotel Clift Hotel Sanderson Hotel |
| Owner | Ian Schrager (1984–2006) Alfred Taubman family (13%, until 2016) Ron Burkle (2009–2017) SBE Entertainment Group/Todd Boehly (2016–2017) |
Number of employees | 2000 (2006 IPO) |
| Website | morganshotelgroup |
Morgans Hotel Group (NASDAQ: $MHG) was a global, publicly-traded hospitality company founded by Ian Schrager and specialized in the boutique hotel category.[1][2][3] Its foundations were laid in 1984 with the opening of the namesake Morgans Hotel in New York City. MHG was listed on the NASDAQ exchange for over a decade.
- ^ New York Media, LLC (22 July 1985). "New York Magazine". Newyorkmetro.com. New York Media, LLC: 28–39. ISSN 0028-7369. Retrieved 25 April 2013.
- ^ "Tracing The Boutique Artists Design Hotel". Circa Design.
- ^ "Morgans Hotel: World's first boutique hotel by Ian Schrager awaits reopening as luxury micro-apartments".
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