Morgans Hotel Group

Morgans Hotel Group
Company typePrivate 1984-2006
Publicly traded (NASDAQ: $MHG) February 14, 2006-November 30, 2016
Private 2016-2017
IndustryHospitality, real estate development, investments
Founded1984; 40 years ago (1984)
Defunct2017; 7 years ago (2017)
Headquarters475 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)
BrandsMorgans Hotel
Royalton Hotel
Paramount Hotel
Delano South Beach
Mondrian Hotel
Hudson Hotel
Clift Hotel
Sanderson Hotel
OwnerIan 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)
Websitemorganshotelgroup.com (defunct)

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.

  1. ^ 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.
  2. ^ "Tracing The Boutique Artists Design Hotel". Circa Design. Archived from the original on April 4, 2017.{{cite web}}: CS1 maint: unfit URL (link)
  3. ^ "Morgans Hotel: World's first boutique hotel by Ian Schrager awaits reopening as luxury micro-apartments".