Morgan Hotel Group Company Q1 2008 Earnings Call Transcript [View article]
RevPAR growth was up "5-7%", NOT down 30% as one analyst published today. Look out long term!, not just quarterly net profits. Multiple, costly, & eventually very profitable projects are underway. Developement for the future, reduces profits in the short run.
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Latest | Highest ratedMorgan Hotel Group Company Q1 2008 Earnings Call Transcript [View article]