Leisure & Hospitality Dubai’s Sunset Hospitality expands global portfolio By Pramod Kumar August 30, 2024, 4:05 AM Sunset Hospitality Group A view from the terrace of Sunset Hospitality Group's Mott 32 in Dubai, which was launched in 2022 Sunset Hospitality Group (SHG) has acquired a majority stake in Maximal Concepts Holding, a Hong Kong hospitality company, as part of its strategic expansion plan. The acquisition will diversify Dubai-based SHG’s portfolio and facilitate its expansion into key markets such as the US, Canada, Hong Kong, South Korea, Thailand and Vietnam, the company said. SHG, which operates in 22 countries with over 80 venues, is known for popular brands such as Azure Beach, Ammos, Dream, Drift Beach, L’Amo Bistro del Mare and Luigia. NewsletterGet the Best of AGBI delivered straight to your inbox every week Maximal Concepts manages 19 multinational locations under brands such as John Anthony, Limewood, Palais de Chine, Sip Song, The Aubrey, and Mott 32. SHG launched Mott 32 in Dubai in 2022. RAK Properties considering hospitality IPO Recruitment a sticking point for Gulf hospitality Dubai’s Sunset Hospitality Group rises in Morocco The founders and management team of Maximal Concepts will retain their current roles, overseeing the day-to-day operations of the business. Chris Spiliopoulos, managing director of investment and strategy, SHG, said the company is actively seeking opportunities to invest in businesses that complement their existing portfolio both as hospitality concepts and geography.
