Type Private CEO Tilman J Fertitta (1987–) Parent organization Fertitta Group, Inc. | Website www.landrysinc.com Founder Tilman J Fertitta | |
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Industry Restaurants, Entertainment & Hospitality industry Key people Tilman J. Fertitta, President & CEO Products Casual dining
Fine dining
Casino Games
Entertainment Destinations
Resorts Headquarters Houston, Texas, United States Founded 1980, Houston, Texas, United States Subsidiaries Landry's Seafood, Rainforest Cafe | ||
Landry's, Inc., is an American, privately owned, multi-brand dining, hospitality, entertainment and gaming corporation based in Houston, Texas. Landry's, Inc., owns and operates more than 500 restaurant, hotel, casino and entertainment destinations in 35 states and the District of Columbia. The company also owns and operates numerous international locations.
Contents
History
Landry's, Inc., is owned entirely by President & CEO Tilman J. Fertitta, an original partner in the company's first Landry's Seafood, which opened in the Houston suburb of Katy, Texas, in 1980. A year later, Fertitta helped open Willie G's, a seafood restaurant in Houston. In 1986, Fertitta gained controlling interests in both restaurants. He became CEO and took the company public in 1993, with a valuation of $30 million.
Under the leadership of Fertitta, the company expanded. In 2010, already being the majority shareholder, Fertitta acquired all outstanding shares of company stock, gaining sole control and ownership. By 2011, the company's value had risen to more than $1.7 billion.
1990s
Throughout the 1990s, Landry's, Inc., expanded, developing and acquiring restaurant, entertainment, hospitality and gaming businesses. In 1994, Landry's, Inc., acquired Joe's Crab Shack. In 2006, Landry's, Inc. sold Joe's Crab Shack, which had grown to more than 120 locations, to J.H. Whitney & Company. During the decade, the company acquired a number of other restaurants, including The Crab House and Cadillac Bar. Landry's Seafood continued to expand.
Landry's, Inc., expanded its hospitality and entertainment divisions in 1996, acquiring The San Luis Resort, Spa & Conference Center, a 32-acre beachfront resort on Galveston Island's historic Seawall Boulevard and built on top of the former Fort Crockett. In 2004, Landry's, Inc. partnered with the City of Galveston to open a 140,000 square foot convention center, the Galveston Island Convention Center at the San Luis Resort. In 2003, the company acquired the adjacent Holiday Inn Resort Galveston – On the Beach. In 2004, the adjacent Hilton Galveston Island Resort was acquired. In total, the San Luis Resort includes 700 guest rooms, 10 restaurants, and 200,000 square feet of event space.
The company's hospitality division also includes The Westin Houston Downtown in Downtown Houston and the Boardwalk Inn on the Kemah Boardwalk. In 1998, the company developed the 35-acre Kemah Boardwalk, with a hotel, marina, more than 10 restaurants and dozens of midway games, amusement rides and attractions.
2000s
After 2000, Landry's, Inc., continued to grow. In 2000, the company acquired Rainforest Cafe, a collection of jungle-inspired restaurants and retail villages. In 2002, the company acquired three national restaurants, including Saltgrass Steak House, Chart House and Muer Restaurants, a series of seafood restaurants.
In 2003, the company opened the Downtown Aquarium, a 20-acre entertainment complex in Houston with an aquarium, a restaurant built around a 150,000-gallon, floor-to-ceiling centerpiece aquarium, a bar, banquet facilities, amusement rides and midway games. A train carries guests into a tunnel running through a 250,000-gallon shark tank. Other Aquarium restaurants have since opened in Denver, Nashville and on the Kemah Boardwalk in Texas.
In 2005, the company acquired Golden Nugget Hotel & Casinos, with locations in Las Vegas and Laughlin, Nevada. Landry's, Inc., has since opened two additional locations in Atlantic City, New Jersey, and Biloxi, Mississippi. A fifth location opened in Lake Charles, Louisiana, in 2014.
2010s
In 2010, Landry's, Inc., acquired three new restaurants. Bubba Gump Shrimp Company, a collection of seafood restaurants, is themed on the hit movie Forrest Gump. The company also acquired Claim Jumper, a national chain of family restaurants. The Oceanaire, a national collection of seafood restaurants, is renowned for flying in fresh fish daily.
In 2011, Landry's bought two more restaurants – McCormick & Schmick's Seafood & Steaks and Morton's The Steakhouse.
In 2012, the company expanded its entertainment division, with the opening of the Galveston Island Historic Pleasure Pier.
In 2013, Landry's acquired Mastro's restaurants.
The company has developed and acquired a collection of restaurants called Landry's Signature Group, which include Vic & Anthony's, Grotto, Brenner's Steakhouse, Brenner's on the Bayou, La Griglia and Willie G's Seafood & Steaks.
Properties
Since the 1990s, Landry's has expanded to real estate holdings beyond dining and hospitality.
Aquariums
Landry's, Inc. owns aquariums in Houston, Denver, Nashville, and the Houston suburb of Kemah, Texas. All aquariums contain restaurants branded in Landry's Aquarium subsididary.
Pier
Boardwalk
Casinos
Cruise
Hospitality
Dining
In addition to all properties, Landry's started out operating restaurant and has acquired many restaurant brands since: