Morgans Hotel Group Announces Conde Nast Traveler’s Selection of Mondrian in South Beach for the Cover of the May Hot List Issue
NEW YORK | Morgans Hotel Group Co. (NASDAQ: MHGC) continues to turn up the heat on innovation and impresses at every corner of its boutique hotels. Today, the company announced that Mondrian in South Beach just snagged the cover of Conde Nast Traveler’s May issue. Featuring a shot of their outdoor red carpet lounges and foliage-curtained private cabanas, Mondrian tops the famed “Hot List” issue, the definitive guide to the hottest new hotels in the world. Inside the magazine, the interiors of Mondrian also prevail as the opener of the “Hot List” section, with an image of the oversized gold bell chandeliers hanging over Sunset Lounge, the celebrity and chic-set nightlife destination that was also selected in the issue’s “Hot Nights” section. Not only an editor’s favorite in the US, Mondrian also appeared on the cover of Conde Nast Traveller UK’s current issue, making the hotel top of the list across the world. As the only editor-based list by the esteemed travel publication, the placement pays reverence to the impressive and imaginative designs by Marcel Wanders for Mondrian, the first project in the U.S. for the Dutch design star.
Background on Mondrian | Morgans Hotel Group, the groundbreaking innovator that introduced the world to such iconic brands as Delano in Miami Beach, Royalton in New York City and Sanderson in London, strikes again with Mondrian in South Beach. Mondrian represents the first time the company offers private residences with condo-hotel ownership. With over 70 percent of the property sold, limited ownership opportunities are still available. World-famous design star and Elle Décor’s 2006 International Designer of the Year, Marcel Wanders envisioned the property as Sleeping Beauty’s castle, with whimsical adult playground-style environments from foliage-curtain cabanas to chandelier-rainfall showerheads. Mondrian invites sophisticated revelers to enjoy a destination that truly embodies Morgans’ “Modern Resort” concept with the world-renowned agua spa, Jeffrey Chodorow’s Asia de Cuba restaurant, and a new nightlife destination, Sunset Lounge. .
About Morgans Hotel Group | Morgans Hotel Group Co. (NASDAQ: MHGC) operates and owns, or has an ownership interest in, Morgans, Royalton and Hudson in New York, Delano and Shore Club in Miami, Mondrian in Los Angeles, Mondrian in Scottsdale and Mondrian in South Beach, Clift in San Francisco, and Sanderson and St Martins Lane in London. Morgans Hotel Group and an equity partner also own the Hard Rock Hotel & Casino in Las Vegas and related assets. Morgans Hotel Group has other property transactions in various stages of completion, including projects in SoHo, New York; Las Vegas, Nevada; Palm Springs, California; Boston, Massachusetts; and Dubai, UAE. For more information please visit .
Forward-Looking and Cautionary Statements | Statements contained in this press release which are not historical facts are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of words such as "expects," "plans," "estimates," "projects," "intends," "believes," "guidance," and similar expressions that do not relate to historical matters. These forward-looking statements are subject to risks and uncertainties which can cause actual results to differ materially from those currently anticipated, due to a number of factors which include, but are not limited to, downturns in economic and market conditions, particularly levels of spending in the business, travel and leisure industries; hostilities, including future terrorist attacks, or fear of hostilities that affect travel; risks related to natural disasters, such as earthquakes and hurricanes; risks associated with the acquisition, development and integration of new properties; the seasonal nature of the hospitality business; changes in the tastes of our customers; increases in real property tax rates; increases in interest rates and operating costs; the impact of any material litigation; the loss of key members of senior management; general volatility of the capital markets and our ability to access the capital markets; and changes in the competitive environment in our industry and the markets where we invest, and other risk factors discussed in Morgans Hotel Group's Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and other documents filed by the Company with the Securities and Exchange Commission from time to time. All forward-looking statements in this press release are made as of today, 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.
Jennifer Foley
Public Relations Director
212.277.4166
Morgans
