Morgans Hotel Group Plans to Expand Into Brazil and London, CEO Says | Bloomberg
Morgans Hotel Group Co. (MHGC), the New York-based operator of boutique hotels including the Royalton and Mondrian, plans to add properties in such places as Paris, Brazil and London, Chief Executive Officer Michael Gross said. “We want to be in key gateway cities, and we want to be global,” Gross said in an interview. “We have good existing penetration in the U.S. in some of the markets we’re in, but I look at our footprint in Europe, such as London, and it is an open slate for us.”
