Sunset Hospitality Group secures USD $35mln funding from Goldman Sachs Asset Management

Sunset Hospitality Group secures USD $35mln funding from Goldman Sachs Asset Management

- Hospitality firm SHG plans rapid expansion, with aims to operate over 60 venues and grow its presence to 14 countries within the next twelve months

Dubai, UAE – Sunset Hospitality Group (“SHG”), the diversified hospitality group, renowned for developing and operating highly popular lifestyle brands, has secured USD $35 million funding from Goldman Sachs Asset Management (“Goldman Sachs”).

SHG was founded in Dubai ten years ago and is currently present across nine countries worldwide. The group owns and operates a large portfolio of hospitality lifestyle brands, including METT Hotels & Resorts, AURA, Azure Beach, SUSHISAMBA, Isola, Black Tap, L’amo, Ammos and Drift Beach, among others.

The funding will support ambitious international expansion plans, including the opening in summer 2023 of flagship property METT Hotel & Beach Resort, in Marbella. SHG is actively exploring additional 0pportunities within the Mediterranean region, UK, USA and Asia.

“We are very proud to receive the support of Goldman Sachs. This is a powerful testament to our performance and potential, and the result of the hard work of our incredibly talented team” said Antonio Gonzalez, CEO of Sunset Hospitality Group. “The investment is a sign of confidence in Dubai and the United Arab Emirates as a hub of entrepreneurship