“As indoor dining and other hospitality experiences start to return to regular operations, we believe our newly combined company will be well-positioned to take advantage of this pent-up demand, setting the stage for long-term growth.” “Despite the challenges caused by the pandemic, we know there’s a real desire by people around the world to gather once again,” Strauss says in a press statement. Many, such as Tao, Marquee, and Omnia, already reopened as lounges without the big-name deejays and dancing. That include nightclubs, which can reopen on May 1. The news comes just as Clark County plans to allow businesses to reopen at 80 percent capacity May 1. Hakkasan Group plans to continue handling day-to-day operations for its properties under the direction of Tao Group co-CEOs Noah Tepperberg and Jason Strauss. The companies did not disclose financial details of the transaction. The new combined company brings together Tao Group Hospitality’s Tao at the Venetian, Lavo at the Palazzo, and Beauty & Essex and Marquee at the Cosmopolitan of Las Vegas with Hakkasan Group’s Hakkasan and Wet Republic at the MGM Grand, Omnia at Caesars Palace, Jewel at Aria, and Casa Calavera at Virgin Hotels. Tao Group Hospitality acquired Hakkasan Group to create a combined company that operates 61 entertainment dining and nightlife venues in 22 markets across five continents. A blockbuster nightlife and restaurant deal out of New York City combines two of the biggest hospitality groups with venues across Las Vegas.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |