Schulte Hospitality Group has entered a partnership with 34th Floor Hospitality to bolster restaurant management capabilities.
34th Floor will become a wholly owned Schulte subsidiary.
The deal will enable Schulte to bolster its restaurant services by harnessing the expertise of 34th Floor co-founders Olivier Zardoni and Alex Taylor.
The companies did not disclose the financial terms of the deal.
Schulte Hospitality Group chairman and CEO Darryl Schulte said: “We are pleased to welcome Olivier, Alex and the 34th Floor team to Schulte Hospitality Group.
“Their demonstrated success in crafting high-performing, concept-driven restaurants will enhance how we deliver dining experiences to our guests. With their leadership, we’re elevating our hotel restaurants into must-visit destinations that foster guest loyalty and lasting impressions.”
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By GlobalData34th Floor Hospitality specialises in enhancing operations, crafting effective systems and creating hospitality brands.
The company’s client base encompasses international hotel chains and casino companies, alongside restaurant and entertainment brands.
Its portfolio includes collaborations with TopGolf, MSC Cruises, Barrière Casino & Resort, Pebblebrook Hotel Trust, MGM International and Hilton International.
Schulte works with clients such as hotel ownership groups, real estate investors and developers.
The company manages properties affiliated with major brands including Hilton, Marriott, Hyatt and IHG, as well as independent boutique hotels.
In June 2024, Schulte Hospitality Group chose digital tipping and financial benefits platform eTip for a portfolio-wide implementation to enhance the guest experience.
The new partnership will aid associates across Schulte’s global portfolio of more than 200 properties to utilise eTip’s advanced contactless tipping technology.
This offering is exclusively available through the Visa network.