Hakkasan Group to enter Indonesia and USA in 2016

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Devina DivechaNovember 24th, 2015

hakkasan-expansion

Hakkasan Group is continuing its international growth in 2016 with two new restaurants and a nightclub in Indonesia, and the introduction of its Michelin-starred Yauatcha brand to the United States.

The expansion into Indonesia will involve three of its brands, Hakkasan, Sake no Hana and Omnia, while Yauatcha will open in Houston and Honolulu.

These developments will follow recent openings in Shanghai, Mykonos, Los Angeles and London.

The Group, which employs more than 5,000 people globally, has seen revenues rise by almost 600% since 2012 (according to the fiscal year-end report in May 2012).

Hakkasan president Nick McCabe said: “As Hakkasan Group’s first venture into South East Asia and Yauatcha’s into the US, these developments mark a milestone for the Group and speak to our wider business strategy of moving into high growth markets.”

McCabe said that there is potential for the brands to expand across the entire Pacific Rim, as a result of which the group is planning to expand through its existing portfolio of brands, as well as strategic acquisitions and new brand launches.

He continued: “As the first step in South East Asia, Jakarta presents a fantastic opportunity due to its increasing importance as a luxury destination and the large amount of Indonesian tourism to Las Vegas, which has led to locals being familiar with some of the Hakkasan Group brands.

“In the US, Houston and Honolulu, with their diverse populations and tastes, are perfect homes for Yauatcha, which we believe can add a product and service offering to the market that doesn’t currently exist”.

The Indonesia establishments, which are all planned to open in Alila Hotels and Resorts’ newest development, Alila SCBD Hotel, in the second half of 2016, are being delivered in partnership with PT Kharisma Jawara Abadi (KJA), a subsidiary of hospitality company PT Bukit Uluwatu Villa Tbk (BUVA) and Alila Hotels & Resorts, part of Commune Hotels and Resorts Regional Office Asia.

Interior work for Omnia Nightclub will be handled by Rockwell Group New York, Sake no Hana interiors will be managed by by Studio Q, Bangkok, and Hakkasan will be designed by GBRH out of Paris.

In Houston, Yauatcha will be opened in partnership with Simon Property Group at the Houston Galleria. The interior work will be handled by GBRH and the architect of record is YWS. In Honolulu, the restaurant will open at the International Market Place currently being developed by Taubman and Coastwood Capital Group in conjunction with Queen Emma Land Company.

Source :

http://www.hoteliermiddleeast.com/25309-hakkasan-group-to-enter-indonesia-and-usa-in-2016/1