Revenue per room fell by a third at most of Morgans' New York hotels.

FORBES: Betting The House

Morgans' older hotels in New York are starting to look dated, the company is facing a lawsuit in Miami over its management practices, and Scheetz no longer has the Schrager name to draw in celebrities and the media.

FORBES: Magazine Article

RESTAURANTS--GO, CONSIDER, STOP Reviews of noted New York City restaurants by various Forbes eatery experts. l Asia de Cuba--Morgans Hotel, 237 Madison Ave.

FORBES: Fact and Comment