FX Excursions

FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.

Sam Nazarian, Founder And CEO Of SBE

Oct 1, 2008
2008 / September 2008

Global Traveler: How did you transition to the hospitality industry from the nightclub segment?

Sam Nazarian: I began as a hotel investor and was also involved in restaurants. SBE was in the industry through its investment in the Kor Group and other properties. We wanted to launch a brand, not just a hotel. Additionally, it made sense to co-mingle the segments so our patrons could utilize any or all of our hotels, nightclubs and restaurants.

We will open the SLS Hotel at Beverly Hills first and use it as a stepping-stone. We have plans to open properties in South Beach, Las Vegas and beyond, but right now it is too early to say where they will open or if we will remain as a private company or franchise the SLS brand.

I started out as a small investor, and I feel I have matured beyond the target audience of the “W” brand. I wanted a hotel that could address my needs as a traveler, and that is why I am launching the SLS luxury hotel brand.

GT: Why have you selected Starwood’s Luxury Collection as your management company?

SN: We bought the Beverly Hills property [from] Le Meridien Hotels. Starwood bought the brand, but did not take all the properties. Starwood does not have a hotel in the area and the mutual relationship was pure luck. In addition, we benefit from the Starwood Preferred Guest Program. So before the brand was even developed, we were enrolled in the best frequent-stay program available. We also have the flexibility of introducing our current clients from SBE-managed rooms in Las Vegas to our new property.

GT: What will the SLS brand offer the business traveler?

SN: We think business and high-end luxury travelers are searching for a unique place to stay. Through our restaurants and collaboration with chefs such as Michael Mina, the properties will boast the best dishes from around the world. Philippe Starck created great atmosphere. We expect 40 percent group-based clientele due to the 12,000 square feet of function space inside and 11,000 square feet of outside rooftop space. The balance will be comprised of individual business and luxury travelers.

The building was a hodge-podge, and we were able to take the best that was there and greatly expand on it. The Bazaar in the center will feature a collection of dining experiences in one unique space — with three restaurants, retail by Moss and a central lounge. The property will have a 5,000-square-foot spa called Ciel at SLS, and Arnie Morton’s steakhouse will be returning next door.

GT: Tell our readers about your career.

SN: I started my career with Platinum Wireless, which quickly became the No. 1 Nextel distributor in Southern California. From there, I conquered real estate. In 2002, I founded SBE Entertainment Group (now SBE). As CEO, I oversee the hotel, restaurant, nightlife and real estate divisions, as well as Bolthouse Productions and Element Films. SBE now owns and operates six restaurants (three Katsuyas, Foxtail, The Abbey and XIV by Michael Mina) and four nightclubs and lounges (Area, S Bar, Hyde and upstairs at Foxtail). In addition to our launch of SLS Hotel at Beverly Hills, we have a hotel property under development in South Beach and are in the initial stages of a major redesign of the Sahara Hotel & Casino in Las Vegas.

Introducing

FX Excursions

FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.

Explore Excursions

#globility

Insta Feed
Daily
Apr 18, 2024

Fort George Hotel & Spa Transforms Belize City from Gateway to Destination

Belize City is better known as a business center and a stop en route to Belize’s lush rural destinations, but Fort George Hotel & Spa promises to change things up and reframe the nation’s capital as a destination in its own right. Located in the city’s Fort George neighborhood, the hotel debuted as the first luxury hotel in Belize City, boasting sophisticated design, elevated culinary offerings, expansive guestrooms and an inspiring wellness program. The hotel also features a branded fitness center, plunge pool and K’IN Spa.

MORE TO TRAVEL

There’s more to travel than just getting there.

Daily
Apr 18, 2024

Explore the Secrets of the Distant Stars with Anantara Kihavah Maldives Villas’ New SKY Gurus

Have you ever looked up at the sky and questioned the mysteries of the universe? For travelers looking to learn more about the stars and their secrets, head to SKY at Anantara Kihavah Maldives Villas.

Daily
Apr 18, 2024

Exclusive Golf and Tennis Itineraries from Kensington Tours

Kensington Tours recently announced a limited series of luxury itineraries centered on golf and tennis, including world-famous events like Wimbledon.

Why Buy Annual Travel Insurance?

One affordable plan can protect an entire year of trips: business or pleasure, short or long, domestic or international.

Bhutan
Apr 17, 2024

Mindfulness City in Kingdom of Bhutan Unveiled as Future Economic Hub

In front of an audience of 30,000 Kingdom of Bhutan residents and officials, His Majesty King Jigme Khesar Namgyel Wangchuck presented his vision for a new economic hub in Bhutan. Located between India to the south and China to the north, Bhutan is one of the most beautiful destinations in the world. Bhutan came late to global tourism. It opened its borders to international visitors in 1974 and, while tourism definitely increased, residents are enduring “light” rush-hour traffic in Thimphu, its capital city, as the only Asian capital without traffic lights.

eFlyer Deals
Apr 17, 2024

Birder’s Delight at Brewery Gulch Inn & Spa

Calling all bird lovers! Make for Brewery Gulch Inn & Spa in Mendocino, California, and book the all-new Birder’s Delight offer. Designed for nature enthusiasts, this offer takes two guests on a guided birdwatching excursion.

Travel Tips to Help Protect Your Health and Your Trip

Five Tips to Help Minimize Potential Travel Problems

eFlyer Deals
Apr 17, 2024

Love and Let Fly at Sandals, Beaches Resorts

On Feb. 24, American Airlines launched a new, nonstop flight (AA4407) to the Caribbean Riviera. To celebrate the new flight, Sandals and Beaches Resorts launched the Love and Let Fly offer, honoring both spring and a stronger connection between the Caribbean and U.S. travelers.