NEW YORK, March 4, 2016 /PRNewswire/ -- Morgans Hotel
Group Co. (NASDAQ: MHGC) today announced that it has scheduled its
2016 Annual Meeting of Stockholders to be held at Hudson hotel in New
York City on Thursday, May 12,
2016 at 10:00 AM Eastern time.
The record date for determination of stockholders entitled to vote
at the meeting has been set as the close of business on
Friday, April 1, 2016.
ABOUT MORGANS HOTEL GROUP
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.
Forward-Looking and Cautionary Statements
This press release may contain certain "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are generally
identifiable by use of forward-looking terminology such as "may,"
"will," "should," "potential," "intend," "expect," "endeavor,"
"seek," "anticipate," "estimate," "overestimate," "underestimate,"
"believe," "could," "project," "predict," "continue" or other
similar words or expressions. These forward-looking statements
reflect the Company's current views about future events and are
subject to risks, uncertainties, assumptions and changes in
circumstances that may cause its actual results to differ
materially from those expressed in any forward-looking
statement.
Important risks and factors that could cause the Company's
actual results to differ materially from those expressed in any
forward-looking statements include, but are not limited to, the
risk factors discussed in the Company's Annual Report on Form 10-K
for the fiscal year ended December 31,
2014, which was filed with the Securities and Exchange
Commission (the "SEC") on March 13,
2015, and other documents filed by the Company with the SEC
from time to time. All forward-looking statements in this report
are made as of the date hereof, based upon information known to
management as of the date hereof, and the Company assumes no
obligations to update or revise any of its forward-looking
statements even if experience or future changes show that indicated
results or events will not be realized.
Contacts:
Investors
Richard Szymanski
Morgans Hotel Group Co.
212.277.4188
Media
Daniel Gagnier/
Nathaniel Garnick
Sard Verbinnen & Co
212.687.8080
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SOURCE Morgans Hotel Group Co.