Morgans Hotel Group - Ownership and Business Overview

LeisureCompany

Morgans Hotel Group Ownership

Who owns Morgans Hotel Group?

Morgans Hotel Group is owned by SBE Entertainment Group. It was acquired on May 9, 2016.

Morgans Hotel Group Business Overview

Where is Morgans Hotel Group headquartered?

Morgans Hotel Group is headquartered in New York, New York.

How many employees does Morgans Hotel Group have?

Morgans Hotel Group has 2,600 employees.

What sector is Morgans Hotel Group in?

Morgans Hotel Group is a leisure company.

When was Morgans Hotel Group founded?

Morgans Hotel Group was founded in 2005.

Leisure M&A Summary in 2016

Out of 60 sectors in the Mergr database, leisure ranked 45 in number of deals in 2016. The largest leisure acquisition in 2016 was Starwood Hotels & Resorts Worldwide - which was acquired by Marriott International for $13.6B.

Join Mergr to view all 54 acquisitions of leisure companies in 2016, including 15 acquisitions by private equity firms, and 39 by strategics.

Morgans Hotel Group Co.

475 10th Avenue,
New York, New York 10018
United States,
(212) 277-4100
www.morganshotelgroup.com

Morgans Hotel Group Co. is widely credited as the creator of the first “boutique” hotel and a continuing leader of the hotel industry’s boutique sector. Morgans Hotel Group operates Delano in South Beach, Mondrian in Los Angeles, South Beach and London, Hudson in New York, Morgans and Royalton in New York, Clift in San Francisco, Shore Club in South Beach and Sanderson and St Martins Lane in London. Morgans Hotel Group has ownership interests or owns several of these hotels. Morgans Hotel Group also licenses its brand through Delano in Las Vegas and 10 Karaköy in Istanbul, Turkey. Morgans Hotel Group has other hotels in various stages of development to be operated under management or franchise agreements, including a Mondrian property in Doha, Qatar and a Delano in Dubai.


Company Summary

SECTOR

Leisure

Revenue

226   2015
(millions of USD)

Employees

2,600

Established

2005

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