Morgans Hotel Group Reports Second Quarter 2016 Results
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Morgans Hotel Group (MHGC) Reports Q2 Loss of $0.30
August 8, 2016 8:17 AM EDTMorgans Hotel Group (NASDAQ: MHGC) reported Q2 EPS of ($0.30), versus ($0.31) reported last year. Revenue for the quarter came in at $52.86 million, versus $56.21 million reported last year.
Revenue per available room (RevPAR) at System-Wide Comparable Hotels decreased by 1.5% in constant dollars (2.8% in actual dollars)... More
