Fertitta Entertainment

Fertitta Entertainment Inc. is a holding company that holds companies owned by Tilman Fertitta. These include Landry's, Inc., the Houston Rockets, and the Golden Nugget[2] casinos. Within the portfolio are many luxury hotels and well known restaurant brands such as Rainforest Cafe, Del Frisco's, Bubba Gump Shrimp Company, Morton's The Steakhouse, among others. Additionally, the company is the largest shareholder of food delivery app Waitr.

Fertitta Entertainment Inc.
Private
IndustryConglomerate
FoundersTilman Fertitta
HeadquartersPost Oak Tower & Hotel, Houston, Texas, U.S.
Area served
Worldwide
Key people
Tilman Fertitta (sole owner and CEO)
ServicesHotels
restaurants
professional sports
casinos
food delivery
Real estate
amusement parks
luxury cars
Revenue US$4.7 billion (2018)[1]
OwnerTilman Fertitta
SubsidiariesLandry's, Inc.
Houston Rockets
Golden Nugget Casinos
Waitr
Websitewww.fertittaentertainmentinc.com

It is headquartered at The Post Oak tower in Uptown Houston. The company has achieved sponsorships and has been granted the naming rights to the Fertitta Center at the University of Houston.[3]

Company Portfolio and Subsidiaries

Fertitta Entertainment operates with 6 divisions: Landry's Dining, Landry's Hospitality, Golden Nugget Casinos, Landry's Entertainment, Post Oak Motor Cars, and the Houston Rockets.[4]

Select Restaurant Chains
Main article: Landry's, Inc.

Fertitta Entertainment owns a vast selection of restaurant chains and individual locations. A select location of some of the best known properties include:

Landry's Entertainment

Landry's Hotels

Fertitta Entertainment Licensed Hotels

Franchised Hotels
  • Hilton Galveston Island Resort
  • Holiday Inn Resort: Galveston On the Beach
  • Westin Downtown Houston

Golden Nugget Casinos
Main article: Golden Nugget, Inc.

Post Oak Motor Cars

Fertitta Entertainment owns the luxury car dealership, Post Oak Motor Cars, which is located at the company's headquarters building at The Post Oak Hotel & Tower. It includes a Bentley, Rolls-Royce, Karma, and Bugatti dealership. Upon opening the Bugatti dealership in 2017, it became the first Bugatti dealership in Houston.[5] Post Oak Motor Cars plans a second dealership location in The Woodlands, Texas. The dealership also provides used cars of brands besides the brands its licensed to sell. For select guests, the Post Oak Motor Cars provides services to Fertitta's hotels in the Houston area and other businesses its partnered with.[6] The company is home to Post Oak Power, an exclusive luxury car club that united owners in the Houston area.

Houston Rockets

On September 4, 2017, he agreed to purchase the Rockets from Leslie Alexander, pending league approval, for an NBA record $2.2 billion.[7] On October 6, 2017 Fertitta was approved by the NBA to own the Houston Rockets.[8]

References
  1. "Fertitta Entertainment 2018 Annual Report (Form 10-K)". Forbes. February 2018.
  2. https://www.forbes.com/sites/davidschwartz/2018/11/01/why-the-billion-dollar-buyer-tilman-fertitta-is-betting-big-on-las-vegas/#48520e4c4c14
  3. Laymance, Reid (June 14, 2016). "UH, Hofheinz family agree on plan for naming new basketball arena". Houston Chronicle. Retrieved June 16, 2016.
  4. "Fertitta Entertainment Brands and Properties". fertittaentertainmentinc.com. Retrieved 2020-05-06.
  5. "Woke up in a new Bugatti: Tilman Fertitta now owner of only Bugatti dealership in Houston". ABC 13. October 19, 2017. Retrieved May 6, 2020.
  6. Parise, Lorie (July 26, 2019). "Post Oak Motor Cars Announced as Hughes Landing Exclusive Valet". Hello Woodlands. Retrieved May 6, 2020.
  7. "Source: Fertitta buys Rockets for record $2.2B". ESPN.com. September 5, 2017. Retrieved September 5, 2017.
  8. Daniels, Tim. "Tilman Fertitta Officially Becomes Owner of Houston Rockets After Sale Closes". Bleacher Report. Retrieved 2020-06-29.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.