Morgans Hotel Group

Morgans Hotel Group is an integrated lifestyle hospitality company, that owns, develops, operates, and licenses boutique hotels. It operates primarily in gateway cities and select resort markets in the United States, Europe, and internationally.

Employee Rating

2.8More
TypeSubsidiary
HQLos Angeles, US
Founded1984
Websitemorganshotelgroup.com
Morgans Hotel Group was founded in 1984 and is headquartered in Los Angeles, US

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Morgans Hotel Group Office Locations

Morgans Hotel Group has offices in Los Angeles, West Hollywood, New York, Las Vegas and in 6 other locations
Los Angeles, US (HQ)
5900 Wilshire Blvd
Las Vegas, US
3940 S Las Vegas Blvd
Miami Beach, US
1100 West Ave
Miami Beach, US
1685 Collins Ave
Miami Beach, US
1901 Collins Ave
New York, US
358 W 58th St
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Morgans Hotel Group Financials and Metrics

Summary Metrics

Founding Date

1984

Morgans Hotel Group Revenue

Morgans Hotel Group's revenue was reported to be $219.98 m in FY, 2015
Annual
USDFY, 2013FY, 2014Y, 2015FY, 2015

Revenue

236.5m235.0m220.0m220.0m

Revenue growth, %

(1%)(6%)

Operating expense total

238.4m208.1m

Depreciation and amortization

27.4m22.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

58.3m55.6m61.4m55.5m53.3m56.2m53.2m51.0m52.9m48.4m

Operating expense total

57.8m64.7m59.5m53.7m52.4m51.3m50.6m49.8m50.0m47.9m

Depreciation and amortization

7.1m8.4m6.7m6.8m5.6m5.6m5.7m5.6m5.7m

EBIT

445.0k(9.1m)2.0m1.8m952.0k4.9m2.6m1.3m2.9m544.0k
Annual
USDFY, 2013FY, 2014FY, 2015

Cash

10.0m13.5m45.9m

Accounts Receivable

18.4m10.5m8.0m

PP&E

292.6m277.8m265.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

7.6m129.1m133.0m96.3m38.1m33.0m38.8m11.9m11.2m10.6m

Accounts Receivable

17.3m19.2m20.2m15.4m10.8m9.5m9.8m7.5m7.3m7.6m

PP&E

297.3m288.3m284.4m281.3m273.6m269.9m268.1m261.7m257.9m254.5m

Goodwill

66.6m66.6m66.6m66.6m54.1m54.1m54.1m53.7m53.7m53.7m
Annual
USDFY, 2013FY, 2014FY, 2015

Net Income

(44.1m)(50.0m)22.1m

Depreciation and Amortization

20.3m28.9m19.3m

Accounts Payable

7.8m(581.0k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(38.1m)(23.9m)(33.4m)(43.5m)(12.8m)(19.5m)(27.0m)(8.9m)(14.7m)(23.1m)

Depreciation and Amortization

15.2m5.0m9.9m14.9m4.8m9.6m14.4m4.9m9.7m14.6m

Accounts Payable

4.5m3.6m4.3m(1.5m)(3.2m)86.0k(599.0k)2.0m9.0m

Cash From Operating Activities

(3.6m)(1.1m)(3.5m)(5.2m)(5.7m)(7.2m)(4.7m)(2.9m)(1.9m)266.0k
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Morgans Hotel Group Online and Social Media Presence

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Morgans Hotel Group Frequently Asked Questions

  • When was Morgans Hotel Group founded?

    Morgans Hotel Group was founded in 1984.

  • What is Morgans Hotel Group revenue?

    Latest Morgans Hotel Group annual revenue is $220 m.

  • Who are Morgans Hotel Group competitors?

    Competitors of Morgans Hotel Group include The Acacia Group, Titlis and Leptos Calypso Hotels.

  • Where is Morgans Hotel Group headquarters?

    Morgans Hotel Group headquarters is located at 5900 Wilshire Blvd, Los Angeles.

  • Where are Morgans Hotel Group offices?

    Morgans Hotel Group has offices in Los Angeles, West Hollywood, New York, Las Vegas and in 6 other locations.

  • How many offices does Morgans Hotel Group have?

    Morgans Hotel Group has 15 offices.