SBE Entertainment Group
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.
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 |
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.
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:
- S Bar
- Citizens Kitchen
- KUMI
Los Angeles:
- Katsuya Brentwood
- Katsuya Hollywood
- Katsuya LA Live
- Hyde Sunset Kitchen and Cocktails
- Hyde Crypto
- Nightingale Plaza
- The Doheny Room
New York:
- Katsuya
- Casa Dani
- KUMI
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.
References
- accorgroup (June 9, 2022). "Accor takes full ownership of sbe hotel brands". Accor – Newsroom. Retrieved April 17, 2023.
- "Gay?". Out Magazine. December 12, 2007.
- "West Hollywood Tax Revenue Q4 2012". weho.org. Spring 2013.