The ONE Group Hospitality, Inc. Opens Second STK in Dubai, UAE
July 05 2018 - 4:05PM
Business Wire
The ONE Group Hospitality, Inc. (“The ONE Group” or the
“Company”) (Nasdaq:STKS) today announced the opening of STK at the
Address Downtown hotel, located in the heart of Dubai’s dining and
entertainment district on Emaar Boulevard.
“Dubai is one of the fastest growing leisure destinations in the
world, featuring the finest hospitality, fashion and lifestyle
brands in the Middle East. We are thrilled to be expanding our
presence with our second STK in this dynamic city,” said Manny
Hilario, President and CEO of The ONE Group. “This restaurant
follows the opening of the successful STK at the Rixos Premium
Dubai, which was voted by Time Out Dubai as the best new fine
dining restaurant in Dubai 2018. We are excited to have partnered
with the highly successful Solutions Leisure Group to operate our
STK branded restaurants in the Dubai market.”
Hilario continued, “STK Dubai at the Address Downtown hotel
marks the second of four STK’s intended for the region with STK
Doha and STK Abu Dhabi planned for future opening. All of these
locations reflect our focus on asset-light license and management
opportunities that enable us to bring our signature vibe and dining
experience to cities around the world but without significant
capital investments.”
STK Dubai at the Address Downtown hotel has indoor seating for
180 guests and features STK's classic menu along with the brand’s
signature décor. The restaurant also features an outdoor terrace
with 120 seats, overlooking The Burj Khalifa, the world’s tallest
building which attracts nearly two million tourists annually.
Solutions Leisure Group is a leading Middle East F&B and
nightlife entertainment group that currently operates high-end
casual restaurants and bars across the Middle East, including the
STK restaurants in the Dubai market. The Solutions Leisure Group
portfolio is multi-award winning, with recognition for its
performance from industry publications, including such major titles
as Time Out Dubai, What’s On Dubai and Caterer Middle East.
About STK Restaurants
STK artfully blends the modern steakhouse and chic lounge into
one, offering a dynamic, fine dining experience with the superior
quality of a traditional steakhouse. STK distinguishes itself by
focusing on the social experience with a sleek, contemporary design
and an in-house DJ who creates an infectious, high-energy vibe.
STK Restaurants are currently located in New York City, South
Beach, Orlando, Chicago, Atlanta, Denver, Los Angeles, Las Vegas,
Toronto, London, Ibiza, Dubai, and Milan. For more information
please visit http://togrp.com/brand/stk/.
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., Europe and the Middle East. The ONE
Group’s food and beverage hospitality services business, ONE
Hospitality, 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.
Facebook: @STKhouseTwitter: @EatSTKInstagram: @EatSTK
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version on businesswire.com: https://www.businesswire.com/news/home/20180705005507/en/
Investors:ICRMichelle Michalski,
646-277-1224Michelle.Michalski@icrinc.com
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