Australia-based Crown Resorts Ltd. has acquired a 20% stake in Nobu Hospitality and Restaurant Group for an undisclosed price.

Crown Resorts operates hotel-casinos in Melbourne and Perth. The company also owns a third of Melco Crown Entertainment, owner and operator of City of Dreams resort-casino complexes in manila and Macau. 

Nobu Hospitality is headed by Japanese chef Nobu Matsuhisa and its investors include actor Robert DeNiro. The company operates 33 restaurants and opened its first hotel inside of the Caesars Palace Las Vegas in 2013. A Nobu hotel is slated to open within the Eden Roc Miami Beach by the end of the year.

Comments

From Our Partners


From Our Partners

2021 Ireland Luxury Marketplace
Ireland Luxury Marketplace: New Webinar Series
Register Now
Los Cabos dining district
Los Cabos' 23400 District
Read More
2021 WOL Webinar
The World of Luxury for 2022
Register Now

JDS Travel News JDS Viewpoints JDS Africa/MI