MHGC Description — Morgans Hotel Group Co
Morgans Hotel Group is a hospitality company that operates, owns, licenses, and develops boutique hotels, primarily in gateway cities and select resort markets in the U.S., Europe and other international locations. Co. conducts its operations through Morgans Group LLC, and its operating company (Morgans Group). Co. manages all aspects of Morgans Group. As of Dec 31 2015, Co.'s portfolio of hotel properties and food and beverage operations and entities consisted of: its three owned hotels; its owned food and beverage operations; its unconsolidated joint venture hotel; its seven managed hotels; and its licensed hotel.