Noah Tepperberg, co-founder of Tao Group Hospitality, has over 30 years' experience in the industry, launching iconic venues like Marquee and Lavo. He dives into the key elements that make a venue successful, from strategic real estate decisions to the importance of disciplined partnerships. Noah shares his transformative journey from a summer job to a global hospitality leader and discusses the complexities of international expansion. He emphasizes the significance of quality over quantity in growth and offers invaluable advice for aspiring hospitality entrepreneurs.
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question_answer ANECDOTE
Humble Start in Hospitality
Noah Tepperberg started in hospitality as a college summer job with no grand plan.
Over 30 years, it grew into a major career and successful business.
insights INSIGHT
Keys to Venue Longevity
Longevity in venues comes from building great, classic products that appeal broadly.
Right deal structures and passionate teams also sustain success over time.
volunteer_activism ADVICE
Trust with Institutional Partners
Deliver on your commitments to institutional partners to build trust.
Accurate budgeting and cautious promises lead to confident, predictable partnerships.
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Today's guest is hospitality veteran Noah Tepperberg, co-founder of Tao Group Hospitality. Over the course of his 30+ year career in hospitality, Noah and his team have launched several iconic venues, under brands including Marquee, Lavo, Tao, Hakkasan, and many others. Tao Group currently has over 80 branded outlets globally in the broader portfolio. In 2017, Noah and his co-founder’s including his long time business partner and Co-CEO Jason Strauss sold a majority stake in Tao Group to the Madison Square Garden Company, and in 2021 the company acquired 100% of Hakkasan Group creating one of the world's largest premium hospitality platforms with outlets in over 20 cities. In 2023, the company was acquired by Mohari Hospitality. This conversation highlights Noah's laser focused and disciplined approach to building a highly successful hospitality business that stands the test of time.
Thank you Peoplevine for sponsoring this episode. Peoplevine is trusted by the best brands in the members club business. Book a free demo to see why at peoplevine.com.
Interview Highlights:
The key component to a successful venue
Partnering with institutional groups
Hospitality is a people business
Noah's approach to real estate
Patterns of venues that have done well vs those that haven't
This episode was recorded at NeueHouse Madison Square. NeueHouse is the premier work space in NYC and LA for those in the creative industries. Use code THESTANZA for a special offer when applying for your membership.
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