SBE Entertainment Group

sbe Entertainment Group
Private
Industry Hospitality
Founded 2002 (2002)
Headquarters 5900 Wilshire Boulevard, Los Angeles, California, United States
Area served
 Worldwide
Key people
 Sam Nazarian
Products Hotels
Restaurants
Nightlife
Real Estate
Owner Sam Nazarian
Number of employees
 1000+
Divisions SLS Las Vegas
Website SBE.com

SBE is a privately-held, lifestyle hospitality company that develops, manages and operates hotels, residences, restaurants and nightclubs.

Established in 2002 by Founder and CEO Sam Nazarian, SBE’s established and upcoming hotel brands include SLS Hotel & Residences, Delano, Mondrian, Redbury, Hyde Hotel & Residences, Clift, Hudson, Sanderson and St Martins Lane. In addition, SBE has the following international restaurants and lounges: Katsuya, Cleo, The Bazaar by José Andrés, Fi'lia by Michael Schwartz, Umami Burger, Hyde Lounge and Skybar.

Dakota Development, an international real estate development group, and Disruptive Restaurant Group are subsidiaries of SBE.

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. Following the acquisition, SBE owns and operates over 20 hotels, 70 restaurants, and 42 lounges, and shares its headquarters between Los Angeles, New York City, and Miami.

Sam Nazarian retained majority ownership of SBE, and remained its Founder & CEO, leading all day-to-day operations. Although Morgans was a public company, sbe acquired it in a "take-private" transaction, and therefore, SBE continues to be a private company.

In March 2017, SBE revealed they are in advanced talks to merge with Hakkasan Group which would create a hospitality company with an equity value of about $1 billion.

SBE's visionary partners include designers Philippe Starck, Yabu Pushelburg, KPF, and Marcel Wanders, photographers David Rockwell and Matthew Rolston, and chefs José Andrés, Katsuya Uechi, Michael Schwartz, and Danny Elmaleh.


SBE Hospitality Brands

Disruptive Restaurant Group

A subsidiary of SBE, Disruptive Restaurant Group incubates and operates culinary brands. The restaurants include Katsuya, Cleo, The Bazaar by José Andrés, Hyde Kitchen + Cocktails, Fi’lia by James Beard Award-winning chef Michael Schwartz, K Ramen. Burger. Beer., and Umami Burger.

Hotels & Residences

New York

South Beach

Los Angeles

Las Vegas

San Francisco

Istanbul

London

Nightlife

SBE’s nightlife consists of: Doheny Room, S Bar, Hyde, Nightingale, Skybar, Bar Nür, Fourteen, XIV Sessions, Double Barrell House, The Library, and Create.

Create nightclub is an entertainment venue located at 6021 Hollywood Boulevard, Los Angeles, California, United States.[1][2] Jordan Birnbaum invested in Vanguard Hollywood when it was initially started and known as Qtopia Events.[3] Holding a ten-year lease on Hollywood Boulevard, the company was publicly launched in June 2002, without a liquor licence and with the intention of being used as a recording studio by day. Qtopia Events was not successful and Birnbaum took over management and re-branded the company as Vanguard Hollywood. By 2004 Vanguard broke even and obtained a liquor licence. Over $40 million was generated over the next five years before Birnbaum sold Vanguard in 2009.[4] The club was acquired by SBE and revamped in 2013.[5] Later that year, SBE partnered with Insomniac Events and renamed the club Create.[6]

Dakota Development

Dakota Development, a division of SBE, has developed SLS locations in Beverly Hills, South Beach, Brickell, and Las Vegas as well as Redbury Hollywood, South Beach and other restaurants and venues around the world. The group’s core capabilities include: master planning, design development and management, FF&E management, OS&E management, project management, construction management, value-driven engineering, unique “in-house’ capital markets division, institutional construction accounting platform, project budgeting and cash flow management.

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.[7] It is one of the highest tax revenue producing businesses in West Hollywood, California.[8]

The Abbey has been featured in a number of television series of interest to the LGBT community, including being the venue of the Logo original series Wisecrack. The club and its owner, David Cooley, have also featured in the Logo series Open Bar and Jacob and Joshua: Nemesis Rising and the TV series The Janice Dickinson Modeling Agency. Transgender actress Candis Cayne was featured in several lip-synch shows there in 2008.

Model and dancer Steven Dehler is a regular performer at The Abbey.

In late summer 2015, David Cooley announced he had purchased back his establishment from Sam Nazarian's SBE. Cooley announced the purchase at his iconic haunt — the Abbey Food and Bar, located at 692 N. Robertson Blvd. — during his speakeasy-themed birthday party on Aug. 11. SBE no longer owns or has a controlling interest in the Abbey Food and Bar.

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.