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Hospitality.net Covers O’Melveny Client SBE’s MergerMay 10, 2016
Hospitality.net reported May 10, 2016 O’Melveny represented client SBE in its definitive agreement to acquire Morgans Hotel Group. The move “will further strengthen SBE’s position as a global leader in lifestyle hospitality management, entertainment, food & beverage, and development,” the publication observed.
SBE was founded in 2002, and owns more than 100 properties, including premier brands such as The Bazaar by José Andrés and Hyde Lounge. Morgans Hotel Group was founded in 1984 and operates Delanoin South Beach; Mondrian in Los Angeles, New York, South Beach and London; Hudson in New York; and Clift in San Francisco, among others.