April 30--The Miami Beach hotels operated by Morgans Hotel Group had a better first quarter this year than last.

In the New York-based company's earnings report released this week, Morgans said its three hotels combined -- Delano, Shore Club and Mondrian South Beach -- were 84.1 percent full in the three months that ended March 31. That's up from 74.1 percent in the first quarter of 2012.

Average rates increased as well, by 7.8 percentage points to more than $429. Revenue per available room jumped more than 22 percent to more than $361.

The company no longer breaks out the performance of each hotel, but it did give figures for the Delano, which it owns. That property had occupancy of 78.1 percent, up 9.7 percentage points, at a staggering average daily rate of more than $644. That jumped 8.9 percent compared to a year ago. Per-room revenue increased 19.5 percent to more than $503.

Overall, Morgans -- which owns or operates more than a dozen hotels around the world -- posted a net loss of $11.4 million for the quarter, compared to a net loss of $14.3 million a year ago.

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