SBE Entertainment Group

Last updated

sbe Entertainment Group
Type Private
Industry Hospitality
Founded2002;21 years ago (2002)
Area served
Worldwide
Key people
Sam Nazarian
Products Fast Food
Restaurants
Nightlife
Real estate
Owner Sam Nazarian
Website www.sbe.com OOjs UI icon edit-ltr-progressive.svg

SBE is a privately held lifestyle hospitality company that owns and operates various restaurants, lounges, and nightclubs. It shares its headquarters between Los Angeles, New York City, and Miami.

Contents

History

SBE was established in 2002 by founder and CEO Sam Nazarian. SBE's hotel portfolio included SLS Hotel & Residences, Delano, Mondrian, Redbury, Hyde Hotel & Residences, Clift, Hudson, Sanderson and St Martins Lane.

In November 2016, SBE acquired Morgans Hotel Group adding 13 boutique hotels to its portfolio, including New York's Hudson, the Mondrian and Delano brands, as well as Morgans Originals. Although Morgans was a public company, SBE acquired it in a "take-private" transaction; SBE continues to be a private company.

By November 2020 all of SBE's hotel holdings were sold to Accor. [1] In the same month, SBE founded C3 by SBE, a ghost kitchen startup.

Management

Nazarian holds majority ownership of SBE, and remains its founder and CEO, leading day-to-day operations. In 2020, The SLS Hotels were sold to Accor and are currently operated under its Ennismore brand.

SBE's former partners include designers Philippe Starck, Yabu Pushelberg, KPF, and Marcel Wanders, photographers David Rockwell and Matthew Rolston, chefs Dani Garcia, Katsuya Uechi, Michael Schwartz, musician and actor Lenny Kravitz, and Danny Elmaleh.[ citation needed ]

Disruptive Restaurant Group

A subsidiary of SBE, Disruptive Restaurant Group, incubates and operates culinary brands. The restaurants include Katsuya, Hyde, KUMI, Casa Dani and Life Rooftop.

Nightlife & restaurants

Las Vegas:

Los Angeles:

New York:

Former

The Abbey

The Abbey is a bar and nightclub in West Hollywood, California. Originally established as a local coffee shop in 1991 by David Cooley, the bar was eventually purchased by SBE. [2] It is one of the highest tax revenue producing businesses in West Hollywood, California. [3] In late summer 2015, David Cooley repurchased the establishment from SBE; SBE no longer owns or has a controlling interest in the Abbey Food and Bar.[ citation needed ]

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References

  1. accorgroup (June 9, 2022). "Accor takes full ownership of sbe hotel brands". Accor – Newsroom. Retrieved April 17, 2023.
  2. "Gay?". Out Magazine. December 12, 2007.
  3. "West Hollywood Tax Revenue Q4 2012". weho.org. Spring 2013.