Hakkasan Group global expansion continues

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Hakkasan Group global expansion continues with five new establishments in Asia-Pacific and the United States.

 

Enter any Hakkasan establishment and you enter a different world: seductive and futuristic lighting, potent cocktails and, of course, Hakkasan’s delicious cooking – so delicious that even supermodels find themselves caving. 

 

Fans will be excitied to hear that the global hospitality company has announced that it is continuing its rapid international growth into 2016 with two new restaurants and a nightclub in Indonesia, and the introduction of its Michelin-starred Yauatcha brand to the United States.

A continuation of Hakkasan Group’s business strategy of taking its brand portfolio in new high-growth markets, 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, which have expanded Hakkasan Group’s global footprint, and will be complemented by additional openings throughout 2016. The Group has seen revenues rise by almost 600% since 2012.

Announcing the expansion plans, Nick McCabe, President of Hakkasan Group 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.

“There is significant potential for Hakkasan Group across the entire Pacific Rim and as a result, we are planning aggressive expansion within the region, which will be achieved via our existing portfolio of brands, as well as further diversification through strategic acquisitions and new brand launches.”

“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 leading hospitality company PT Bukit Uluwatu Villa Tbk (BUVA) and Alila Hotels & Resorts, part of Commune Hotels and Resorts Regional Office Asia.

 

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    Amelia Walker

    Editor – PA Life

    All stories by: Amelia Walker