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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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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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