Hakkasan Group to rollout in Mexico

By Joe Lutrario contact

- Last updated on GMT

Hakkasan Group to rollout in Mexico

Related tags: Hakkasan Group, Fine dining, Mexico, Chinese cuisine

Hakkasan Group will open as many as 10 sites in Mexico following a deal with Mexican hospitality and development company Dinar.

The partnership is billed as being part of the UK-founded Hakkasan Group’s “continued aggressive growth strategy”, and follows 2018 openings in Los Cabos, Mexico and in Bali, Indonesia.

Hakkasan Group’s Cantonese restaurant brand Ling Ling will kick off the partnership with a Mexico City opening in 2020.

Other target cities include Monterrey and Guadalajara.

Earlier this year Hakkasan Group ended its management contracts with six Las Vegas sites,​ a move it said at the time would give it greater freedom to develop new dining concepts worldwide.

Hakkasan was launched in London by Alan Yau, founder of the Wagamama chain, in 2001. The group - with which Yau is no longer involved -  now operates around 50 sites worldwide, including its eponymous Cantonese restaurant brand and Yauatcha dim sum concept.

Hakkasan Group has five London restaurants, three of which hold a Michelin star.

The group posted a pre-tax loss of £33m for the year ending 30 June 2018,​ though this is down from a £112m loss reported the previous year.

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