Press Releases

The ONE Group Hospitality, Inc. Announces the Opening of STK Doha

Third STK Restaurant to open in the Middle East region

NEW YORK--(BUSINESS WIRE)-- The ONE Group Hospitality, Inc. (“The ONE Group”) (Nasdaq:STKS) today announced the opening of STK Doha, the brand’s first opening of 2019. The restaurant is located on the 23rd floor of the newly renovated Ritz-Carlton hotel in Doha, Qatar, overlooking the Arabian Gulf and featuring exceptional city views.

Emanuel “Manny” Hilario, President and CEO of The ONE Group, stated, “We are thrilled to be expanding our presence in the Middle East and to be partnering with Katara Hospitality. STK Doha features the elegant, vibe dining experience that our guests have come to know and love and marks the third of four STK’s intended restaurants for the region with STK Abu Dhabi planned for a future opening. All of these locations reflect our focus on asset-light license and management opportunities that enable us to bring our vibe dining experience to cities around the world but without significant capital investments.”

STK Doha has seating for approximately 150 guests. The restaurant features STK's classic menu and signature dishes along with the brand’s signature décor.

About STK

STK is a unique concept that artfully blends the modern steakhouse and chic lounge into one - offering a dynamic, fine dining experience with the superior quality of a traditional steakhouse. STK distinguishes itself by focusing on the dining experience as a whole versus any singular aspect of a good night out. It’s not just the food, sleek décor, in-house DJ or elevated Happy Hour offerings, it is the combination of all these things that creates the vibe only found at STK. The menu features reimagined classic American cuisine with unique local flair infused into each menu. STK’s transparent and traceable beef program brings guests exceptional cuts of meat and rare dishes seldom found in restaurants. Signature dishes include bite-sized Lil’ BRGs made with Wagyu beef, Bigeye Tuna Tartare with soy honey emulsion, and, of course, the highest quality and cuts of steak. STK has locations in New York City, South Beach, Chicago, Atlanta, Los Angeles, Las Vegas, Toronto, Orlando, Denver, San Diego, London, Ibiza, Milan, Dubai, Mexico City, and Doha. For more information about STK, please visit https://togrp.com/.

About The ONE Group

The ONE Group (NASDAQ:STKS) is a global hospitality company that develops and operates upscale, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos and other high-end venues both nationally and internationally. The ONE Group’s primary restaurant brand is STK, a modern twist on the American steakhouse concept with locations in major metropolitan cities throughout the U.S., Europe and the Middle East. ONE Hospitality, The ONE Group’s food and beverage hospitality services business, provides the development, management and operations for premier restaurants and turn-key food and beverage services within high-end hotels and casinos. Additional information about The ONE Group can be found at www.togrp.com.

Facebook: @STKhouse
Twitter: @EatSTK
Instagram: @EatSTK

Investors
Michelle Michalski of ICR
646.277.1224
Michelle.Michalski@icrinc.com

Source: The ONE Group Hospitality, Inc.