Mohari

What Mohari does

Mohari Hospitality is a privately held global investment platform focused exclusively on luxury and lifestyle hospitality, founded in 2017 by Mark Scheinberg following the 2014 sale of PokerStars. The firm pursues a vertically integrated model that engages across the full investment lifecycle — strategic acquisition, development, hands-on operation, and exit — targeting prime urban and resort markets in Europe, North America, and Central America. Its real estate portfolio comprises trophy assets including the Four Seasons Madrid (200 rooms, 22 branded residences), Rosewood Hotel Bauer in Venice, the Historic Former Hôtel Saint-James & Albany in Paris, the Nekajui Ritz-Carlton Reserve and Four Seasons/Andaz properties at Peninsula Papagayo in Costa Rica, Four Seasons Costa Merlata, 1 Hotel Toronto, the Waldorf Astoria Miami, Four Seasons Private Residences Washington D.C., and the Homewood Mountain Resort at Lake Tahoe. These assets are operated under long-term management agreements with leading brand partners including Four Seasons, Rosewood, Ritz-Carlton, Hilton, Hyatt, and Marriott.

Complementing the real estate holdings, Mohari owns and operates a portfolio of F&B and lifestyle businesses: Tao Group Hospitality (acquired in 2023 for $550 million, operating 80+ restaurant, nightclub, lounge, and daylife venues across 20+ markets under brands such as TAO, LAVO, Beauty & Essex, Omnia, Marquee, and Hakkasan), Hakkasan Group, Riviera Dining Group, the tech-enabled short-term rental company Kasa, and an ownership stake in the Ritz-Carlton Yacht Collection. The firm also partners with best-in-class developers and operators — Omnam Group, JMA Ventures, The Georgetown Company, Discovery Land Company, PMG, and Gencom — to source and execute investments.

Mohari generates returns through a combination of asset ownership and appreciation, operating-company cash flow, and capital-structure execution (e.g., the €330 million refinancing of Four Seasons Madrid with Generali Real Estate SGR in April 2026). Revenue and management lines sit across investment office hubs in Nicosia (registered entity: Mohari Hospitality Limited, HE365047), New York, and London. The firm is founder-controlled, with senior leadership drawn from Bain Capital, Goldman Sachs, Apollo, Carlyle, Blackstone, MSD Partners, KSL Capital, and former Four Seasons and Peninsula operators; Allen Smith transitioned from CEO to Senior Advisor and Non-Executive Director. Underlying technology is not a stated focus; the company explicitly characterizes itself as an investment firm rather than a technology company.

Name

Mohari

Legal name

Mohari Hospitality Limited

Website

https://moharihospitality.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Mohari Hospitality is a privately held global investment platform founded in 2017 by Mark Scheinberg, focused on luxury and lifestyle hospitality assets. It pursues a vertically integrated model — acquisition, development, hands-on operation, and exit — across trophy hotels, branded residences, and F&B/lifestyle operating companies in Europe, North America, and Central America.

Ownership category

akta.pro rank

Product category

Luxury Hospitality Investment

NAICS

Traveler Accommodation (7211)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Luxury Villas & Residences Resorts (THAGACAM)

akta.pro secondary industries

Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD), Villas & Luxury Estates (THAMAAAC)

Keywords

• Luxury hospitality investment
• Hospitality private equity
• Branded residence development
• Luxury hotel ownership
• Lifestyle real estate investing

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. Asset Ownership and Appreciation: Mohari generates returns through direct ownership of luxury hospitality real estate assets, benefiting from asset appreciation in prime global destinations. The firm acquires properties at various stages of the investment lifecycle and executes value-creation strategies through development, repositioning, and operational improvements before exit.
2. Operating Company Holdings: Through ownership of operating companies including Tao Group Hospitality and Hakkasan Group, Mohari generates revenue from restaurant, nightclub, lounge, and daylife venue operations. These businesses span 80+ locations across 20+ markets globally, generating food, beverage, and entertainment revenues.
3. Management and Performance Fees: As a vertically integrated investment platform, Mohari likely generates returns through management oversight of portfolio assets and performance participation in investment outcomes, though specific fee structures are not publicly disclosed.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Mohari Hospitality is a global investment platform that acquires, develops, owns, and operates luxury and lifestyle hospitality assets in prime urban and resort markets. Its offerings include equity ownership of trophy hotels and branded residences (Four Seasons, Rosewood, Ritz-Carlton, Andaz, Waldorf Astoria, Edition, 1 Hotels), wholly-owned food and beverage operating companies (Tao Group Hospitality, Hakkasan Group, Riviera Dining Group), and short-term residential rental operations (Kasa), delivered through a vertically integrated model covering acquisition, development, asset management, hands-on operation, and exit.

Product overview

Mohari Hospitality is a global investment platform focused on luxury and lifestyle hospitality investments, operating a vertically integrated model from strategic acquisition and development through hands-on operation to exit strategies. The company's portfolio encompasses luxury hotels and branded residences (including Four Seasons Madrid, Rosewood Hotel Bauer, Historic Hôtel Saint-James & Albany Paris, Ritz-Carlton Reserve properties in Costa Rica, and Andaz resorts), food and beverage brands (Tao Group Hospitality with 80+ venues, Hakkasan Group, Riviera Dining Group), luxury lifestyle experiences (The Ritz-Carlton Yacht Collection), and operating partnerships with JMA Ventures and Omnam. Mohari invests both independently and with best-in-class operating and development partners to deliver experiences across high-end properties in desirable global destinations.

Differentiator

Problem solved

Functional benefit

Products and services

• Four Seasons Hotel Madrid Luxury hotel in Madrid's city center featuring 200 rooms, 22 branded residences, a 1,500-piece art collection, a four-story wellness center, luxury pool terrace, rooftop restaurant by Chef Dani García, and an award-winning cocktail bar.
• Historic Former Hôtel Saint-James & Albany Iconic historical property in Paris's prestigious 1st arrondissement, situated between Rue de Rivoli and Rue du 29 Juillet, near the Louvre and overlooking the Tuileries Gardens, being redeveloped as a luxury hotel.
• Rosewood Hotel Bauer Historic 120-room hotel in Venice's San Marco district on the Grand Canal, being reimagined as an exclusive Venetian 5-star hotel with Rosewood Hotels & Resorts.
• Nekajui, A Ritz Carlton Reserve Resort and Residences at Peninsula Papagayo Ultra-luxury sanctuary on Peninsula Papagayo's north Pacific coastline in Costa Rica, featuring 107 rooms and 36 branded residences, a private beach club, Ritz-Carlton Reserve dining concepts, a suspension bridge spa, and an infinity pool.
• Tao Group Hospitality Wholly-owned global hospitality group delivering distinctive culinary and entertainment experiences through 80+ restaurants, nightclubs, lounges, and daylife venues across 20+ markets on four continents, including brands such as TAO, LAVO, Yauatcha, Beauty & Essex, Omnia, Marquee, and Hakkasan.
• Hakkasan Group Wholly-owned global hospitality group elevating modern Asian cuisine through multiple restaurant and nightclub venues worldwide, including Hakkasan Las Vegas and Hakkasan Abu Dhabi.
• Riviera Dining Group Wholly-owned leading luxury lifestyle and hospitality group behind dining concepts across Florida, including MILA Miami Beach, AVA, MM Winter Park, Casa Neos Miami River, and Claudie in Miami's Brickell neighborhood.
• The Ritz-Carlton Yacht Collection Pioneering luxury cruise experience redefining sea travel, in which Mohari holds an ownership position.
• Kasa Wholly-owned tech-enabled residential hospitality company providing high-end, short-term rentals for business and leisure travelers in the United States.
• Four Seasons Resort and Residences at Peninsula Papagayo Forbes Travel Guide 5-Star Resort Award winner for eight consecutive years, located in Guanacaste, Costa Rica.
• Waldorf Astoria Hotel and Residences Miami Luxury hotel with private residences and retail space in Miami, Florida, operated under the Hilton/Waldorf Astoria brand.
• Four Seasons Private Residences Washington, D.C. Washington D.C.'s first Four Seasons-branded luxury residences.
• 1 Hotel Toronto The first sustainable luxury boutique hotel and retreat of its kind in Canada.
• Andaz Resort and Residences at Peninsula Papagayo Ultra-luxury boutique resort and branded residence where beauty and biodiversity create uncomplicated luxury in Costa Rica.
• Four Seasons Costa Merlata 5-star luxury resort on the Adriatic coast in Puglia, Italy.
• Baccarat Villa Camerata 15th century villa turned luxury lifestyle resort hotel in Florence, Italy.
• Homewood Mountain Resort Unparalleled all-season master planned community and village set on iconic Lake Tahoe, California.
• Capo dei Greci Luxury lifestyle property with spectacular views, located 15 minutes from Taormina in Sicily.
• Westcourt Orlando Full-service hotel in Orlando, Florida with 16,000 square feet of indoor meeting and conference space.

Quantifiable outcome

• Eight consecutive Forbes Travel Guide 5-Star Resort Awards for Four Seasons Resort and Residences at Peninsula Papagayo
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered core, key and flagship.

• Omnam GroupcoreStrategic or Co-development Partner · 1 April 2023Strategic partnership to increase the impact of developments in lifestyle, luxury hospitality, food and beverage, and leisure throughout Europe. Collaborating on iconic projects including the Rosewood Hotel Bauer in Venice and the Historic Former Hôtel Saint-James & Albany in Paris.
• JMA VenturescoreStrategic or Co-development PartnerStrategic partner enhancing lifestyle and hospitality property development opportunities across the United States. JMA Ventures brings development expertise and market relationships to Mohari's US investments.
• The Georgetown CompanycoreStrategic or Co-development PartnerStrategic development partner for Mohari's luxury hospitality investments, bringing expertise in US market development and project execution capabilities.
• Discovery Land CompanycoreStrategic or Co-development PartnerStrategic development partner specializing in private residential club communities and resort developments. Supports Mohari's luxury residential and resort development initiatives.
• PMGkeyStrategic or Co-development PartnerDevelopment partner contributing to Mohari's hospitality property development projects and value creation strategies.
• GencomkeyStrategic or Co-development PartnerDevelopment partner for luxury hospitality investments with expertise in hotel acquisitions, developments, and repositioning.
• Four Seasons Hotels and ResortsflagshipOEM/ Whitelabel/ Licensing PartnerFlagship brand partnership covering multiple properties including Four Seasons Madrid, Four Seasons Costa Rica, and Four Seasons Private Residences Washington D.C. Four Seasons operates and manages these properties under long-term management agreements.
• Rosewood Hotels & ResortsflagshipOEM/ Whitelabel/ Licensing PartnerBrand partnership for Rosewood Hotel Bauer in Venice, where Rosewood will manage and operate the reimagined historic property.
• Ritz-Carlton ReserveflagshipOEM/ Whitelabel/ Licensing PartnerExclusive brand partnership for Nekajui, A Ritz-Carlton Reserve Resort and Residences at Peninsula Papagayo, representing one of the most exclusive hospitality brands globally.
• Ritz-Carlton Yacht CollectionflagshipOEM/ Whitelabel/ Licensing PartnerOwnership stake in The Ritz-Carlton Yacht Collection, a pioneering luxury cruise experience redefining sea travel. Mohari holds an ownership position in this innovative hospitality concept.
• HiltonkeyOEM/ Whitelabel/ Licensing PartnerBrand partnership for Waldorf Astoria Hotel and Residences in Miami, with Hilton operating the luxury property under its premium brand.
• HyattkeyOEM/ Whitelabel/ Licensing PartnerBrand partnerships for Andaz Hotels & Resorts properties including Andaz Resort and Residences at Peninsula Papagayo in Costa Rica.
• Marriott InternationalkeyOEM/ Whitelabel/ Licensing PartnerBrand partnership for Edition hotels and other Marriott brands within Mohari's portfolio of luxury properties.
• 1 HotelskeyOEM/ Whitelabel/ Licensing PartnerBrand partnership for 1 Hotel Toronto, the first sustainable luxury boutique hotel and retreat of its kind in Canada.
• Tao Group HospitalityflagshipStrategic or Co-development PartnerMohari acquired Tao Group Hospitality in 2023 for $550 million. The F&B hospitality group operates 80+ locations across 20+ markets globally, with brands including TAO, LAVO, Marquee, Omnia, Hakkasan, and Beauty & Essex. The acquisition expands Mohari's presence in premium dining and entertainment.
• Hakkasan GroupcoreStrategic or Co-development PartnerMohari owns Hakkasan Group, a global powerhouse elevating modern Asian cuisine with restaurant and nightclub venues worldwide including Hakkasan Las Vegas and Hakkasan Abu Dhabi.
• Riviera Dining GroupcoreStrategic or Co-development PartnerMohari owns Riviera Dining Group, a leading luxury lifestyle and hospitality group behind concepts across Florida including MILA Miami Beach, AVA, MM Winter Park, Casa Neos Miami River, and Claudie in Miami's Brickell neighborhood.
• KasakeyStrategic or Co-development PartnerMohari owns Kasa, a leading tech-enabled residential hospitality company providing high-end, short-term rentals for business and leisure travelers in the United States.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Highgate Hotels: Highgate is a leading hospitality management and investment firm operating luxury and lifestyle hotels across the US and internationally. Comparable to Mohari as a vertically integrated hotel owner/operator with luxury brand affiliations.
• Mandarin Oriental Hotel Group: Mandarin Oriental is an owner-operator of luxury hotels and residences in prime global destinations. Highly comparable to Mohari given shared focus on trophy luxury properties and branded residences in urban and resort markets.
• KSL Capital Partners: KSL Capital Partners is a private equity firm specializing in travel and leisure investments, including luxury hospitality. It is a direct peer to Mohari given shared focus on luxury hotel ownership, branded residences, and hospitality operating companies.
• Starwood Capital Group: Starwood Capital Group is a global private investment firm with a major hospitality focus, owning and operating luxury and upper-upscale hotels worldwide. Comparable to Mohari in acquiring, developing, and operating luxury hotel portfolios with branded operator partnerships.
• Langham Hospitality Group: Langham Hospitality Group owns and operates luxury hotels under The Langham, Cordis, and Eaton brands globally. A direct peer in luxury hotel ownership, branding, and asset management.

Others

• Four Seasons Hotels and Resorts: Four Seasons is Mohari's largest operating partner, managing multiple Mohari-owned hotels and residences. It is not a direct competitor (operator vs owner) but a critical relationship comparable to Mohari's business model through ownership and brand partnerships.

Regional players

• Pebblebrook Hotel Trust: Pebblebrook is a US-focused REIT specializing in luxury and upper-upscale urban and resort hotels. Comparable in segment focus (luxury lodging) but operates as a public REIT rather than private investment platform and is US-concentrated.
• Sunstone Hotel Investors: Sunstone Hotel Investors is a US hospitality REIT focused on luxury and upper-upscale full-service hotels. Comparable to Mohari in segment focus but operates as a public REIT, US-concentrated, with a passive ownership model versus Mohari's vertically integrated approach.

Broad incumbents

• Brookfield Asset Management: Brookfield is a global alternative asset manager with significant hospitality real estate exposure. A broad incumbent peer given overlapping luxury hospitality investment thesis and global scale.
• Blackstone Real Estate: Blackstone Real Estate is one of the world's largest real estate investors with hospitality exposure across luxury and upper-upscale segments. A broader incumbent peer given similar ability to acquire trophy assets at scale, though diversified across all property types.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mohari-hospitality
• Instagraminstagram.com/moharihospitality?igshid=NTc4MTIwNjQ2YQ==

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mohari