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Tao Group acquires global restaurant operator Hakkasan

Combined company operates 61 entertainment, dining and nightlife venues on five continents
Tao Group Hospitality, which operates restaurants, nightclubs, lounges and other venues across the U.S. and overseas, said it has acquired Hakkasan Group, which operates several locations of its namesake restaurant and other restaurants and nightlife destinations globally.
The combined company operates 61 entertainment, dining and nightlife venues in 22 markets across five continents. Its brands include Tao Group Hospitality’s Tao, Marquee, Lavo, Beauty & Essex, Avenue, Cathédrale and Koma, as well as Hakkasan Group’s Hakkasan, Yauatcha, Omnia, Ling Ling, Jewel, Casa Calavera, Herringbone and Searsucker, among others.
Tao Group also recently launched a virtual Italian concept in New York called Luchini Italian, which it operates out of its Lavo Italian Kitchen restaurant. ....

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Tao Group Hospitality combines with Hakkasan Group

Tao Group Hospitality combines with Hakkasan Group
NEW YORK, April 29, 2021
Tao Group Hospitality has announced that it has acquired Hakkasan Group, creating a premium hospitality powerhouse that includes a global portfolio of brands and properties with significant potential for future growth.

The newly combined company operates 61 entertainment dining and nightlife venues in 22 markets across five continents and features a collection of widely recognised hospitality brands. These include Tao Group Hospitality’s Tao, Marquee, Lavo, Beauty & Essex, Avenue, Cathédrale and Koma brands, as well as Hakkasan Group’s Hakkasan, Yauatcha, Omnia, Ling Ling, Jewel and Casa Calavera brands, among many others. ....

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Tao Group Hospitality Combines with Hakkasan Group

Press release content from Business Wire. The AP news staff was not involved in its creation.
Tao Group Hospitality Combines with Hakkasan Group
April 28, 2021 GMT
NEW YORK (BUSINESS WIRE) Apr 28, 2021
Tao Group Hospitality and Hakkasan Group announced today that Tao Group Hospitality has acquired Hakkasan Group, creating a premium hospitality powerhouse that includes a global portfolio of brands and properties with significant potential for future growth.
(Source: Tao Group Hospitality)
The newly combined company operates 61 entertainment dining and nightlife venues in 22 markets across five continents and features a collection of widely recognized hospitality brands. These include Tao Group Hospitality’s Tao, Marquee, Lavo, Beauty & Essex, Avenue, Cathédrale and Koma brands, as well as Hakkasan Group’s Hakkasan, Yauatcha, Omnia, Ling Ling, Jewel and Casa Calavera brands, among many others. ....

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Tao Group Hospitality Acquires Hakkasan Group

Denise Truscello/WireImage
Celine Dion and Steve Aoki during a concert benefitting the Las Vegas Victims Fund. The benefit raised over 1 million dollars at OMNIA Nightclub in Caesars Palace on Nov. 8, 2017 in Las Vegas.
Two titans of hospitality and nightlife are now one. New York City-based Tao Group Hospitality has acquired Las Vegas-based Hakkasan Group in an equity transaction. The companies, which both got their start from eponymous high-grossing Asian restaurants, are leaders in live experiences around the world and most prominently in Las Vegas where both have a major stake in the city’s nightlife industry, which accounts for a reported half-billion dollars or more in revenue annually. ....

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Hakkasan Las Vegas Reopens as a Lounge On March 26 | VegasNews.com

Hakkasan Las Vegas Reopens as a Lounge On March 26 | VegasNews.com
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