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Type | Private |
---|---|
Industry | Hospitality |
Founded | 2002 |
Area served | Worldwide |
Key people | Sam Nazarian |
Products | Fast Food Restaurants Nightlife Real estate |
Owner | Sam Nazarian |
Website | www |
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.
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.
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 ]
A subsidiary of SBE, Disruptive Restaurant Group, incubates and operates culinary brands. The restaurants include Katsuya, Hyde, KUMI, Casa Dani and Life Rooftop.
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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 ]
Hard Rock Cafe, Inc. is a chain of theme bar-restaurants, memorabilia shops, casinos and museums founded in 1971 by Isaac Tigrett and Peter Morton in London. In 1979, the cafe began covering its walls with rock and roll memorabilia, a tradition which expanded to others in the chain. In 2007, Hard Rock Cafe International (USA), Inc. was sold to the Seminole Tribe of Florida and was headquartered in Orlando, Florida, until April 2018, when the corporate offices were relocated to Davie, Florida. As of July 2018, Hard Rock International has venues in 74 countries, including 172 bar or cafe-restaurants, 37 hotels, and four casinos.
Fairmont Hotels & Resorts is a global chain of luxury hotel that operates more than 70 properties worldwide, with a strong presence in Canada.
Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide.
Sahara Las Vegas is a hotel and casino located on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by the Meruelo Group. The hotel has 1,616 rooms, and the casino contains 50,662 square feet (4,706.7 m2). The Sahara anchors the northern end of the Las Vegas Strip, at the corner of Sahara Avenue. It is the site of the northernmost station of the Las Vegas Monorail.
A theme restaurant is a type of restaurant that uses theming to attract diners by creating a memorable experience. Theme restaurants have a unifying or dominant subject or concept, and utilize architecture, decor, special effects, and other techniques, often to create exotic environments that are not normally associated with dining because they are inaccessible, no longer exist, are fictional or supernatural, or taboo. The theme may be further extended through the naming and choices of food, though food is usually secondary to entertaining guests.
Mövenpick Hotels & Resorts is a Swiss hotel management company headquartered in Baar, Switzerland. It is fully owned by Accor since the September 2018 acquisition from former shareholders Mövenpick Holding (66.7%) and the Saudi-based Kingdom Group (33.3%). It operates over 80 properties, including hotels, resorts and Nile cruisers, with another 30 resorts planned or under construction across the Middle East and Asia.
Ian Schrager is an American entrepreneur, hotelier and real estate developer, credited for co-creating the "boutique hotel" category of accommodation. Originally, he gained fame as co-owner and co-founder of Studio 54.
Thistle Hotels, run by glh., is a UK-based hotel company with a portfolio of 7 Central London hotels, one at London Heathrow and one in Dorset, operating in the three and four star sector.
Delano Las Vegas is a 43-story 1,117-room luxury suite hotel. It is owned and operated by MGM Resorts International. It is located within the Mandalay Bay complex on the Las Vegas Strip in Paradise, Nevada, United States. It opened on December 17, 2003, as "THEhotel at Mandalay Bay."
André Tomes Balazs is an American businessman and hotelier. He is president and chief executive officer of André Balazs Properties, a portfolio of hotels across the United States and residences in New York state, especially in New York City.
Morgans Hotel Group was a global, publicly-traded hospitality company founded by Ian Schrager and specialized in the boutique hotel category. Its foundations were laid in 1984 with the opening of the namesake Morgans Hotel in New York City. MHG was listed on the NASDAQ exchange for over a decade.
Morgans Hotel was the world's first boutique hotel, located at 237 Madison Avenue in New York City. Founded by Studio 54 cofounder Ian Schrager as the first property in the Morgans Hotel Group, it opened in 1984.
The Mondrian Hotel is a boutique hotel at 8440 Sunset Boulevard in West Hollywood, California. Opened in 1996, it is owned by Pebblebrook Hotel Trust and operated by Accor.
Victor Drai is a Moroccan-Franco American nightclub owner, entrepreneur and film producer. Drai rose to prominence in the 1980s, producing the movies The Woman in Red (1984) and Weekend at Bernie's (1989), before leaving the industry to open a string of high-profile restaurants and nightclubs.
Brent Bolthouse is an American entrepreneur, event producer, DJ, actor, and photographer. He has appeared on MTV's The Hills.
Andrew Jacques Sasson is a British-American entrepreneur, hotelier, and real estate developer. With Andy Masi, he is the co-founder of The Light Group, which owns several restaurants, bars, and nightclubs, mainly in the New York City and Las Vegas areas.
Sam Nazarian is a Persian-American businessman, investor and philanthropist. He is the founder, chairman and CEO of SBE Entertainment Group.
Sean Christie is the Chief Executive Officer of Carver Road Capital. Previously, Christie served as the President of Events and Nightlife for MGM Resorts International, as well as the Executive Vice President of Business Development for Wynn Resorts and the Chief Operating Officer and the Vice President of Operations at Wynn Las Vegas. Before that he served as the founder and owner of Las Vegas Nightlife Group and managing partner of Encore Las Vegas Beach Club, Surrender Night Club, and Andrea’s Restaurant at the Wynn Las Vegas.
SLS Lux is a 58-story skyscraper luxury apartment building and hotel in the Brickell district of Greater Downtown Miami, Florida, United States.
Cain International is a privately held real estate investment firm headquartered in London. As of 2022, the company had over $15 billion in assets under management.