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Los Angeles, January 20, 2005 - Sam Nazarian, CEO and founder of SBE
Entertainment Group, is pleased to announce the appointment of Arash Azarbarzin
to President of SBE Hotel Group. Azarbarzin will bring his extensive hospitality
knowledge and expertise to guide the successful management of SBE�s hotel
and restaurant properties. This is a first-time appointment for SBE and
in this role Azarbarzin will lead a major acquisition ramp-up for SBE Hotel
Group.
�Arash is a seasoned operator with vast experience in numerous arenas of hospitality. My vision for SBE Hotel Group is to continue to create premier entertainment destinations. He will help achieve this goal. Arash adds a wealth of in-depth industry knowledge and credibility to the SBE team,� Nazarian commented. Azarbarzin brings more than 20 years of hospitality and executive level management experience to SBE Hotel Group. He began his career by cultivating his culinary skills at top restaurants across the country. He soon broadened his area of expertise to include restaurant operations, which led to various management level positions at world-class hotels such as the Four Seasons and the Phoenician Resort in Scottsdale, Arizona.. He also served as General Manager of the Century Plaza Hotel & Spa, the St. Regis Hotel & Spa and the W New York Union Square. Most recently, he served Starwood Hotels as the Area Managing Director of W Hotels, managing the successful operation of more than 2000 rooms in the New York area. Azarbarzin was instrumental in establishing the W as the most successful new hotel brand in the industry. About SBE Hotel Group Founded in 2001, SBE Entertainment Group is a privately held investment firm with expanding areas of interest in real estate development, hospitality, and independent film production. The hospitality division of SBE, the SBE Hotel Group, continues to expand its diverse hotel portfolio by developing strategic alliances with the most reputable and quality-oriented development and management firms in the United States. SBE Hotel Group has a long-standing relationship with the privately held real estate investment, development and management firm, The Kor Group. SBE Hotel Group in partnership with Kor Hotel Group, has holdings that currently include seven hotels totaling more than 1700 rooms in Los Angeles and Palm Springs. They include: the Viceroy in Santa Monica and the Viceroy Spa Hotel in Palm Springs, the Avalon and Maison 140 in Beverly Hills, the Sheraton Gateway LAX and Four Point Sheraton in Santa Monica, and the Summerfield Suites in West Hollywood. SBE Hotel Group is the lead equity in the majority of Kor Group properties. In another joint venture, SBE Hotel Group has teamed up with construction and development experts , Makar Properties LLC, to recently acquire the Ritz Plaza Miami Hotel. SBE and Makar are currently working closely with internationally acclaimed architect, Philippe Stark, on the complete renovation of the property. In addition, SBE Hotel Group has joined forces with American Property Management Corporation (APMC). Recently ranked by Hotel Business magazine as the 16th largest hotel owner, APMC is an opportunistic- focused lodging company open to diverse hotel management and asset equity structures. Continuing to expand on and develop powerful joint ventures with the most reputable firms, SBE Hotel Group continues to grow as a leader in the hospitality industry. |
Contact:
SBE Hotel Group 323-655-8000 www.thekorgroup.com www.makarproperties.com www.apmc.net |