Tuesday 30 April 2013

Morgans Hotel Group Reports First Quarter 2013 Results

Morgans Hotel Group Co.  ("MHG" or the "Company") today reported financial results for the quarter ended March 31, 2013.  The Company will host a conference call to review the results on Tuesday, April 30, 2013 at 9:00 am.

Adjusted EBITDA was $7.5 million in the first quarter of 2013, a $6.5 million increase over the same period in 2012, due primarily to increases in EBITDA at the Company's fee-owned hotels, Delano South Beach and Hudson.



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