Las Vegas, USA, September 27, 2019 – Global hospitality and lifestyle company TAO Group Hospitality today announced plans to open ten new venues throughout Mexico as part of a new partnership with Dinar, a premier hospitality and development company in Mexico. This partnership evidences TAO Group’s continued aggressive growth strategy in Mexico and beyond following multiple openings in 2018 including Los Cabos, Mexico and overseas in Bali, Indonesia.
The two hospitality leaders will open ten restaurants across the country between 2020 and 2026 in Mexico City, Guadalajara and Monterrey. The multi-million dollar developments will bring TAO Group’s lauded culinary concepts to Mexico and deliver a significant economic impact to the country with the creation of up to 1,000 new job positions spanning across construction, preopening and on-going venue operations.
The partnership will commence with the opening of TAO Group’s restaurant brand, Ling Ling in Mexico City in the latter part of 2020. Ling Ling is a Cantonese dining concept with a world-class cocktail program inspired by izakayas, where shared small plates are paired with craft beverages. The cuisine is bolstered by chic interiors and an eclectic soundtrack that create a seductive atmosphere perfect for shared dining. Ling Ling Mexico City will be situated in the top floor of Chapultepec Uno, a mixed-use, 58-story skyscraper that will be Mexico City’s third-tallest building upon completion. Located steps away from popular landmarks such as Diana the Huntress Fountain and the Angel of Independence, the restaurant sits in the heart of the historic Reforma neighborhood and features 360-degree views of Mexico City.
TAO Group has been carefully strategizing its first venues to open in Mexico City and in other significant markets in Mexico such as Monterrey and Guadalajara. Mexico City is a key destination city for TAO Group because of the critical mass the city provides, the ultra-high net worth concentration of individuals, it being a brand-conscious market, and its populace that loves to dine out contributing to the city’s hot late-night dining scene – all of which fits perfectly into the mold of many TAO Group brands.
“We have had great success with our openings in Los Cabos and have been eager to continue the momentum throughout the country,” said Michael Ryan-Southern, chief financial officer of TAP Group. “As an international hub that attracts epicurean and discerning travelers, Mexico City has been on TAO Group’s radar for quite a while. We’re thrilled to be working with the visionaries at Dinar to bring Ling Ling to the city next year and introduce further restaurants in the coming years.”
Javier Romo, managing partner and owner of Dinar said, “We are very excited about our partnership with TAO Group. The first restaurant will open in Mexico City, on Reforma Avenue at the top of the new sky rise where the first Ritz-Carlton in the city will be located. Residing in the heart of the city’s dining and entertainment district, Ling Ling will be alongside some of the best commercial and retail tenants in Mexico City.”
About TAO Group Hospitality
Tao Group Hospitality delivers distinctive culinary and premium entertainment experiences through its portfolio of restaurants, nightclubs, lounges, and daylife venues. Tao Group Hospitality acquired Hakkasan Group in April 2021. The combined company operates more than 60 entertainment dining and nightlife venues in over 20 markets across five continents and features a collection of widely recognized hospitality brands. These include TAO, Hakkasan, OMNIA, Marquee, LAVO, Beauty & Essex, Avenue, Cathédrale, Wet Republic, Yauatcha, Ling Ling, Sake no Hana, Casa Calavera, Jewel, Little Sister, and more. Tao Group Hospitality is part of Madison Square Garden Entertainment Corp. (MSG Entertainment) (NYSE: MSGE), a leader in live experiences.
Grupo Restaurantero Dinar is a hospitality and development group that prides itself on bringing a variety of international culinary concepts to Mexico. The group owns six restaurants as well as manages more than 10 restaurants throughout Mexico.