What did Ian Schrager and Steve Rubell do to unwind after years of disco and drugs? You guessed it: Morgans Hotel Group Co. (MHGC)
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What did Ian Schrager and Steve Rubell do to unwind after years of disco and drugs? You guessed it: Morgans Hotel Group Co. (MHGC)
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jvon One year ago
Lindsay in a skirt. I love Spring.
Marc One year ago
It’s all about friggan laser beams and skirts, holy shiekness …..
Howard Lindzon One year ago
your welcome
Dinosaur Trader One year ago
Howard,
Do you have her locked into some kind of long term, exploitive contract?
Because with the Sopranos and stuff, she may ask for a massive raise soon.
Wallstrip without Lindsay? Sigh…
-DT
Manuel Ulloa One year ago
Love this episode. Laser beams, stock pick, skirts, and glowing escalators.
Keep up the great work.
-MU
maximo zeledon One year ago
The lobby looks like the entrance to a Tokyo bordello. There was nothing hip about the crowd either…a bunch of mid-westerners bored out of their minds. I would not touch this stock. But Lindsay was fabulosa!!!
jvon One year ago
I dunno, it looked pretty good to me. I think more hotels could use a laid back social atmosphere like that. There’s the bar, of course, if you drink. Aside from that, there’s usually a stuffy overpriced restaurant.
I think they’re onto something.
jvon One year ago
Oh and the fact that there was “nothing hip” about the crowd is a selling point as far as I’m concerned. The last thing I want to worry about when going down to the lobby of a hotel is whether I’m “hip” enough to be there.
maximo zeledon One year ago
Hey, maybe you are right. But my experience tells me boutique hotels are about being hip and attracting hip crowds. That’s how you compete in this niche. I worked at the Triton Hotel in San Francisco while in college and those guys do it right–distinct settings and lots of light in the lobby which is dominated by a fantastic mural. The hallways have stunning photos that make you feel like you are in a gallery. But my main objection is the balance which makes me wonder about its future growth prospects beyond the current earnings report. The stock is not cheap anymore… its shares double over the past eight months on hype and I guess that’s why we are hearing about it on Wallstrip, but this baby has peaked and it is on its way to a downward trend. Hotels in general are a slow growth business and Morgans is no exception.
maximo zeledon One year ago
Correction: I meant to say Balance Sheet.
“But my main objection is the balance sheet which makes me wonder about its future growth prospects beyond the current earnings report. “
scurvy One year ago
I love ya Lindsay but please don’t say “San Fran” on the show again….please?
Lindsay Campbell One year ago
Hey Scurvy, eat an orange and re: SF… I’m from the Bay Area so I’ll call it whatever I like :) (except for Frisco).
Soren One year ago
Yay for the Bay Area! Oaklandish!
Eddie Daroza One year ago
Santa Cruz! east side bitches.
Fresh Bread One year ago
Norcal baby! And rest assured, the word “Frisco” will never be uttered on Wallstrip.
howard lindzon One year ago
Jvon is right, most miss the poingt. 99 percent of the us is so unhip, yet think they are hip. thats the market - 99 percent. that’s why ylou see fat midwesterners at the royalton and cheap chic hotels
genius
maximo zeledon One year ago
Hahaha…Okay, but when hings get tough and they are getting tough the midwesterner are going to have to cut down on trips to buy more ethanol for the F150. The rich get richer and more hip by the minute.
BSD One year ago
Lindsay - you ever coming back to San Fran? I’ll buy you drinks.
So far as hip hotels go - both sides have a point. There’s a big market for middle class tourists who want to feel [what they think is] hip by going to a Morgan’s, and there’s also an ever growing [thanks, partially, to us hedgies] market of nouveu riche who won’t feel hip unless they’re surrounded by celebs and are paying $1000+ per night with an LCD in the in-room hot tub (ahh, I miss The Standard in LA). Both markets have staying power - hoi polloi always want to vacation and if it’s not the hedgies or the dot commers someone else will come around to fork over absurd money for your ultra premium room.
maximo zeledon One year ago
Hey Daroza! I love your site!
Gabe McMillan One year ago
So howard, I take it you are part of the 1%. good for you.