The ONE Group Announces Opening of STK Toronto
September 30 2016 - 9:00AM
Business Wire
Toronto’s Yorkville neighborhood now home to
the first Canadian STK Restaurant
The ONE Group Hospitality, Inc. (“The ONE Group”) (Nasdaq:STKS)
today announced the opening of STK Toronto in the former Four
Seasons Hotel, in the centrally located Yorkville neighborhood.
This landmark location is a natural fit for the stylish steakhouse
experience, and is surrounded by a unique blend of designer
boutiques, fashionable restaurants, luxury hotels and world class
galleries.
“Our first Canadian location has been a long time coming, and we
are thrilled to be expanding our North American presence in the
vibrant, luxurious Yorkville neighborhood,” said Jonathan Segal,
CEO, The ONE Group. “As one of our managed locations, STK Toronto
is an important element to our company’s strategic plan, and
enables us to bring our signature vibe dining experience to a fifth
country.”
STK Toronto encompasses 8,800 square feet, with seating for 225
diners and features the restaurant’s signature rosewood framed
white rollback banquettes. The unique space includes two
private dining rooms, as well as floor-to-ceiling windows that
can convert the main dining room into a breezy covered patio
overlooking Yorkville. The dramatic design features, sweeping
architectural forms, and high-octane atmosphere ensures guests can
experience social gathering, dining and entertainment in one
setting.
Additional STK restaurants currently in development include
Edinburgh, San Diego, Denver, Boston, Dallas, Austin and Puerto
Rico.
About The ONE Group
The ONE Group (NASDAQ:STKS) is a global hospitality company that
develops and operates upscale, high-energy restaurants and lounges
and provides hospitality management services for hotels, casinos
and other high-end venues both nationally and internationally. The
ONE Group’s primary restaurant brand is STK, a modern twist on the
American steakhouse concept with locations in major metropolitan
cities throughout the U.S. and Europe. ONE Hospitality, The ONE
Group’s food and beverage hospitality services business, provides
the development, management and operations for premier restaurants
and turn-key food and beverage services within high-end hotels and
casinos. Additional information about The ONE Group can be found at
www.togrp.com.
Cautionary Statement on Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
“anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”,
and “project” and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. A number of factors could cause actual results
or outcomes to differ materially from those indicated by such
forward-looking statements, including but not limited to, (1) our
ability to open new restaurants and food and beverage locations in
current and additional markets, grow and manage growth profitably,
maintain relationships with suppliers and obtain adequate supply of
products and retain our key employees; (2) factors beyond our
control that affect the number and timing of new restaurant
openings, including weather conditions and factors under the
control of landlords, contractors and regulatory and/or licensing
authorities; (3) changes in applicable laws or regulations; (4) the
possibility that the Company may be adversely affected by other
economic, business, and/or competitive factors; and (5) other risks
and uncertainties indicated from time to time in our filings with
the SEC, including our Annual Report on Form 10-K filed on March
30, 2016 and our Quarterly Report on Form 10-Q filed on August 15,
2016.
Investors are referred to the most recent reports filed with the
SEC by The ONE Group Hospitality, Inc. Investors are cautioned not
to place undue reliance upon any forward-looking statements, which
speak only as of the date made, and we undertake no obligation to
update or revise the forward-looking statements, whether as a
result of new information, future events, or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20160930005083/en/
Media:Sloane & CompanyDan Zacchei / Kate Traynor,
212-486-9500orInvestors:ICRDon Duffy / Michelle Epstein,
203-682-8200
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