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, Miami Beach and in 6 other locations
Los Angeles, US (HQ)
5900 Wilshire Blvd
Las Vegas, US
3940 S Las Vegas Blvd
Miami Beach, US
1901 Collins Ave
Miami Beach, US
1100 West Ave
Miami Beach, US
1685 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 Financials
Morgans Hotel Group's revenue was reported to be $219.98 m in Y, 2015 which is a 6.4% decrease from the previous period.
Annual
| USD | FY, 2013 | FY, 2014 | Y, 2015 |
|---|---|---|---|
Revenue | 236.5 m | 235 m | 220 m |
Revenue growth, % | (1%) | (6%) | |
EBIT | (1.9 m) | 1.5 m | 11.9 m |
EBIT margin, % | (1%) | 1% | 5% |
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 58.3 m | 55.6 m | 61.4 m | 55.5 m | 53.3 m | 56.2 m | 53.2 m | 51 m | 52.9 m | 48.4 m |
Operating expense total | 57.8 m | 64.7 m | 59.5 m | 53.7 m | 52.4 m | 51.3 m | 50.6 m | 49.8 m | 50 m | 47.9 m |
EBIT | 445 k | (9.1 m) | 2 m | 1.8 m | 952 k | 4.9 m | 2.6 m | 1.3 m | 2.9 m | 544 k |
EBIT margin, % | 1% | (16%) | 3% | 3% | 2% | 9% | 5% | 2% | 5% | 1% |
Annual
| USD | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Cash | 10 m | 13.5 m | 45.9 m |
Accounts Receivable | 18.4 m | 10.5 m | 8 m |
PP&E | 292.6 m | 277.8 m | 265.7 m |
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 7.6 m | 129.1 m | 133 m | 96.3 m | 38.1 m | 33 m | 38.8 m | 11.9 m | 11.2 m | 10.6 m |
Accounts Receivable | 17.3 m | 19.2 m | 20.2 m | 15.4 m | 10.8 m | 9.5 m | 9.8 m | 7.5 m | 7.3 m | 7.6 m |
PP&E | 297.3 m | 288.3 m | 284.4 m | 281.3 m | 273.6 m | 269.9 m | 268.1 m | 261.7 m | 257.9 m | 254.5 m |
Goodwill | 66.6 m | 66.6 m | 66.6 m | 66.6 m | 54.1 m | 54.1 m | 54.1 m | 53.7 m | 53.7 m | 53.7 m |
Annual
| USD | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Net Income | (44.2 m) | (50 m) | 22.1 m |
Depreciation and Amortization | 27.4 m | 28.9 m | 22.4 m |
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (38.1 m) | (23.9 m) | (33.4 m) | (43.5 m) | (12.8 m) | (19.5 m) | (27 m) | (8.9 m) | (14.7 m) | (23.1 m) |
Depreciation and Amortization | 15.2 m | 5 m | 9.9 m | 14.9 m | 4.8 m | 9.6 m | 14.4 m | 4.9 m | 9.7 m | 14.6 m |
Cash From Operating Activities | (3.6 m) | (1.1 m) | (3.5 m) | (5.2 m) | (5.7 m) | (7.2 m) | (4.7 m) | (2.9 m) | (1.9 m) | 266 k |
Purchases of PP&E | (9.1 m) | (1 m) | (2.1 m) | (3.9 m) | (577 k) | (1.7 m) | (4.6 m) | (897 k) | (2 m) | (3.5 m) |
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