Tao Group

Bill Bonbrest, Industry Veteran Launches Bonbrest Advisory, Elevating Guest Experience in the Hospitality Industry

Retrieved on: 
Friday, March 15, 2024

NEW YORK, March 15, 2024 /PRNewswire-PRWeb/ -- Bill Bonbrest, a seasoned hospitality executive with over 40 years of industry experience, announces the launch of Bonbrest Advisory, a consultancy firm dedicated to inspiring peak performance and enhancing guest experiences within the hospitality sector.

Key Points: 
  • Bill Bonbrest, a highly experienced hospitality executive with over 40 years in the industry, has launched Bonbrest Advisory, a consultancy firm aimed at improving performance and guest experiences in the hospitality sector.
  • The firm will offer strategic guidance to hospitality businesses, focusing on areas such as leadership development, operational efficiency, and guest experience enhancement.
  • NEW YORK, March 15, 2024 /PRNewswire-PRWeb/ -- Bill Bonbrest, a seasoned hospitality executive with over 40 years of industry experience, announces the launch of Bonbrest Advisory, a consultancy firm dedicated to inspiring peak performance and enhancing guest experiences within the hospitality sector.
  • Bonbrest Advisory aims to provide strategic guidance to hospitality businesses, focusing on leadership development, operational excellence, and guest experience enhancement.

Q MIXERS AND TAO GROUP HOSPITALITY ANNOUNCE MULTIYEAR PARTNERSHIP WITH 44 U.S. VENUES

Retrieved on: 
Wednesday, January 17, 2024

BROOKLYN, N.Y., Jan. 17, 2024 /PRNewswire/ -- Q Mixers, America's leading premium mixer company committed to making your favorite drink instantly better, announces a multiyear partnership with Tao Group Hospitality, the iconic hospitality group with venues like TAO, Hakkasan, Marquee, LAVO, and more, to become the exclusive mixer across 44 U.S. venues. Q Mixers will also be present at Tao Group Hospitality events, starting with the upcoming TAO Park City in Park City, UT (January 19 - 20, 2024) and TAO Desert Nights in Indio, CA (April 2024).

Key Points: 
  • Q Mixers is the Official Premium Mixer for Tao Group Hospitality's U.S. locations
    BROOKLYN, N.Y., Jan. 17, 2024 /PRNewswire/ -- Q Mixers, America's leading premium mixer company committed to making your favorite drink instantly better, announces a multiyear partnership with Tao Group Hospitality, the iconic hospitality group with venues like TAO, Hakkasan, Marquee, LAVO, and more, to become the exclusive mixer across 44 U.S. venues.
  • Q Mixers will also be present at Tao Group Hospitality events, starting with the upcoming TAO Park City in Park City, UT (January 19 - 20, 2024) and TAO Desert Nights in Indio, CA (April 2024).
  • Q Mixers will be the exclusive mixer for all bottle service menus within Tao Group Hospitality's participating locations, offering Q Tonic Water, Q Club Soda, Q Ginger Beer, Q Ginger Ale, and Q Sparkling Grapefruit.
  • Q Mixers' Q Ginger Beer, Q Sparkling Grapefruit Soda, and Q Bloody Mary Mix will have exclusivity in all 44 U.S. venues.

Greenberg Traurig Adds Former Hakkasan Group General Counsel Brandon Roos

Retrieved on: 
Wednesday, October 18, 2023

LAS VEGAS, Oct. 18, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP strengthened its global Hospitality and Restaurant Industry practices with the addition of Shareholder Brandon Roos, who re-joined the firm's Las Vegas office.

Key Points: 
  • LAS VEGAS, Oct. 18, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP strengthened its global Hospitality and Restaurant Industry practices with the addition of Shareholder Brandon Roos , who re-joined the firm's Las Vegas office .
  • Roos was most recently in-house counsel at hospitality, restaurant, and nightlife powerhouses Hakkasan Group and TAO Group, launching the general counsel role for the former and managing legal matters for a portfolio of more than 60 restaurant, nightlife, and lounge venues worldwide.
  • He helped guide Hakkasan during a period of significant growth, including doubling its global restaurant footprint.
  • The broad responsibilities of a general counsel equipped Roos with diverse experience critical for companies expanding globally and those in the hospitality and nightlife industries.

SAM NAZARIAN'S SBE, GLOBAL LEADER IN LIFESTYLE HOSPITALITY, APPOINTS TWO ADDITIONAL INDUSTRY VETERANS TO EXECUTIVE TEAM

Retrieved on: 
Tuesday, October 17, 2023

MIAMI, Oct. 17, 2023 /PRNewswire/ -- sbe, the leading international lifestyle hospitality group that develops, manages and operates award-winning venues, announces the expansion of its executive team with the addition of two highly experienced industry veterans, Justin Fowler and Anthony Meidenbauer. With significant growth planned over the next years, sbe is excited to welcome the hospitality maestros to the leadership team to spearhead new growth initiatives.

Key Points: 
  • MIAMI, Oct. 17, 2023 /PRNewswire/ -- sbe , the leading international lifestyle hospitality group that develops, manages and operates award-winning venues, announces the expansion of its executive team with the addition of two highly experienced industry veterans, Justin Fowler and Anthony Meidenbauer.
  • Sam Nazarian, Founder & CEO of sbe states: "We are excited to welcome Justin Fowler and Anthony Meidenbauer to the sbe family.
  • Their deep industry knowledge and proven track records reinforce my continued confidence in this leadership team, and will be instrumental in driving sbe's growth and success in the ever-evolving hospitality landscape.
  • With the addition of Justin Fowler and Anthony Meidenbauer to its leadership team, sbe continues to strengthen its position as a global leader in lifestyle hospitality, poised for continued innovation and success.

Sphere Entertainment Co. to Release Fiscal 2023 Third Quarter Results

Retrieved on: 
Friday, May 5, 2023

Sphere Entertainment Co. (NYSE: SPHR) will issue a press release on Wednesday, May 10, 2023 before the market opens reporting results for its fiscal third quarter ended March 31, 2023.

Key Points: 
  • Sphere Entertainment Co. (NYSE: SPHR) will issue a press release on Wednesday, May 10, 2023 before the market opens reporting results for its fiscal third quarter ended March 31, 2023.
  • On April 20, 2023, the Company completed the spin-off of its traditional live entertainment business.
  • As a result of the timing of the spin-off, the Company’s fiscal 2023 third quarter consolidated results will include the financial results of the traditional live entertainment business.
  • Since this quarter’s financial results do not reflect the results of Sphere Entertainment Co. on a standalone basis, the Company will not be hosting an earnings conference call this quarter.

Sphere Entertainment Co. Completes Sale of Its Majority Interest in Tao Group Hospitality

Retrieved on: 
Wednesday, May 3, 2023

Sphere Entertainment Co. (NYSE: SPHR) (the “Company” or “Sphere Entertainment”) today announced it has completed the sale of its 66.9% majority interest in Tao Group Hospitality to Mohari Hospitality, a global investment company focused on the luxury lifestyle and hospitality sectors.

Key Points: 
  • Sphere Entertainment Co. (NYSE: SPHR) (the “Company” or “Sphere Entertainment”) today announced it has completed the sale of its 66.9% majority interest in Tao Group Hospitality to Mohari Hospitality, a global investment company focused on the luxury lifestyle and hospitality sectors.
  • The completion of the sale follows a successful bidding process with multiple parties, which reflects that since the Company acquired a majority interest in 2017, Tao Group Hospitality has transformed into a global powerhouse in entertainment dining and hospitality.
  • As previously disclosed, in connection with the sale, Sphere Entertainment has also entered into a multi-year agreement with Tao Group Hospitality for ongoing consulting, marketing, and support services.

Madison Square Garden Entertainment Corp. Agrees to Sell Majority Interest in Tao Group Hospitality

Retrieved on: 
Monday, April 17, 2023

Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or “Company”) today announced that it has agreed to sell its 66.9% majority interest in Tao Group Hospitality to Mohari Hospitality, a global investment company focused on the luxury lifestyle and hospitality sectors, in a transaction that values Tao Group Hospitality at $550 million.

Key Points: 
  • Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or “Company”) today announced that it has agreed to sell its 66.9% majority interest in Tao Group Hospitality to Mohari Hospitality, a global investment company focused on the luxury lifestyle and hospitality sectors, in a transaction that values Tao Group Hospitality at $550 million.
  • Upon completion of the sale of its majority interest, MSG Entertainment expects to receive net cash proceeds of approximately $300 million.
  • Since MSG Entertainment acquired a majority interest in 2017, Tao Group Hospitality has transformed into a global powerhouse in entertainment dining and hospitality, with a portfolio of over 80 branded locations in over 20 markets across four continents.
  • Effective as of the closing of the sale, the Company will enter into multi-year agreements with Tao Group Hospitality for ongoing consulting, marketing, and support services at Madison Square Garden and Sphere in Las Vegas.

evian® Sparkling Carbonated Water Introduces Club Hydration, the Premier Destination for Maintaining Your Sparkle While Celebrating in Style

Retrieved on: 
Wednesday, April 12, 2023

NEW YORK, April 12, 2023 /PRNewswire/ -- As festival season commences and temperatures warm up, evian® Sparkling carbonated water - the brand's first non-flavored sparkling carbonated natural spring water – is ensuring that hydration is a key part of all celebrations with the launch of evian's Club Hydration, an immersive activation inspired by the subtle sparkles that awaken the senses.

Key Points: 
  • Signature cocktails using evian Sparkling carbonated water including the Alpine Spritz and Peaks Paloma featuring fresh ingredients inspired by the Alpine glaciers.
  • "evian Sparkling carbonated water has exceptional mineral quality and fine bubbles, allowing people to maintain their sparkle and keep the celebrations going."
  • evian Sparkling carbonated water aims to awaken the senses through a unique and refreshing sparkling sensation resulting in something dazzling, effervescent, and refreshingly light.
  • evian Sparkling carbonated water is available in 330ml and 750ml glass bottles at select retailers nationwide and at all Tao Group Hospitality properties.

Madison Square Garden Entertainment Corp. Board Approves Spin-Off of Traditional Live Entertainment Business

Retrieved on: 
Thursday, March 30, 2023

Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“Company”) today announced that its board of directors has approved the spin-off of its traditional live entertainment business, which is expected to be completed on April 20th.

Key Points: 
  • Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“Company”) today announced that its board of directors has approved the spin-off of its traditional live entertainment business, which is expected to be completed on April 20th.
  • The newly formed live entertainment company will take on the name Madison Square Garden Entertainment Corp. and will include a diverse collection of performance venues, the entertainment and sports bookings business, and the Christmas Spectacular Starring the Radio City Rockettes production.
  • Stockholders who hold the Company’s common stock as of the record date will receive a book-entry account statement reflecting their ownership of new Madison Square Garden Entertainment Corp. common stock or their brokerage account will be credited with the new Madison Square Garden Entertainment Corp. shares.
  • An Information Statement containing details regarding the distribution of the new Madison Square Garden Entertainment Corp. common stock and the new Madison Square Garden Entertainment Corp. business and management following the spin-off will be mailed to the Company’s stockholders as of the record date prior to the distribution date.

Madison Square Garden Entertainment Corp. Provides Update on Proposed Spin-Off Transaction

Retrieved on: 
Thursday, February 16, 2023

Madison Square Garden Entertainment Corp. (NYSE: MSGE) today announced that it is continuing to make progress on the proposed tax-free spin-off of its traditional live entertainment businesses.

Key Points: 
  • Madison Square Garden Entertainment Corp. (NYSE: MSGE) today announced that it is continuing to make progress on the proposed tax-free spin-off of its traditional live entertainment businesses.
  • The Company (to be renamed MSG Sphere Corp. following the spin-off) has filed a publicly available Form 10 Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) for the new live entertainment company, which would take on the name Madison Square Garden Entertainment Corp. (“MSG Entertainment”).
  • The Company has also published an investor presentation, available at investor.msgentertainment.com , highlighting the new live entertainment company’s assets and financial profile.
  • The Form 10 Registration Statement is filed under the name MSGE Spinco, Inc. (to be renamed Madison Square Garden Entertainment Corp. following the spin-off).