Mastro's Restaurants Explained

Mastro's Restaurants
Type:Subsidiary
Industry:fine dining
Foundation: in Scottsdale, Arizona, U.S.
Location:Houston, Texas, U.S.
Locations:19
Area Served:Arizona, California, Illinois, Florida, Massachusetts, Nevada, Texas
Parent:Landry's, Inc. (2013–present)

Mastro's Restaurants is an American fine dining steakhouse chain known for its ultra-high prices, selective locations, and celebrity clientele.[1] Ever since 2013, the restaurant is part of the Landry's, Inc. portfolio.

History

Mastro's first opened in 1999 in Scottsdale, Arizona. In 2007, the restaurant group was acquired by private equity firms Kinderhook Industries LLC and Soros Strategic Partners LP with plans to expand.[2] In 2013, Mastro's Restaurants was acquired by Landry's, Inc.[3] Then mostly a Western US chain, the company expanded east to New York City, Boston, and Ft. Lauderdale, Florida.

The first New York City location opened in 2014 on Sixth Avenue.[4] In 2017, Mastro's opened their first locations in Houston and Boston. The Houston location opened at the Post Oak Hotel and Tower which is also owned by Landry's, Inc.[5] [6] The next year, a location opened in Fort Lauderdale, Florida.[7]

The Post Oak Hotel location was the recipient of Wine Spectator’s highest restaurant award.[8]

COVID-19 outbreak

A major outbreak of COVID-19 occurred among workers at the Mastro's Palm Desert location in 2021. At least two employees were hospitalized and an omicron variant case was found among the sick employees, the first confirmed case in the Coachella Valley.[9]

Notes and References

  1. Web site: Solares. Nick. Celeb Favorite Mastro's Steakhouse Opens First East Coast Restaurant in Tourist Central. Eater. August 26, 2021.
  2. Web site: Hoops. Stephanie. New owners plan steakhouse chain expansion. Broward. June 10, 2021.
  3. http://nrn.com/finance/landrys-buys-mastros-restaurants Landry's Inc. buys Mastro's Restaurants LLC
  4. Web site: Solares. Nick. Celeb Favorite Mastro's Steakhouse Opens First East Coast Restaurant in Tourist Central. Eater. August 26, 2021.
  5. Web site: Hostetter. Aleana. Swanky Mastro's Steakhouse Opens Its Doors at the Post Oak. Eater. June 10, 2021.
  6. Web site: Hatic. Dana. Mastro's Ocean Club Opens Thursday in Boston's Seaport District. Eater. June 10, 2021.
  7. Web site: Danna. Nicole. Eight Tips for Dining at the New Mastro's Ocean Club in Fort Lauderdale. Broward. June 10, 2021.
  8. Web site: Hodge . Shelby . 2022-07-01 . Three Houston Restaurants Earn Wine Spectator's Highest Honors — Pappas and Mastro's Are Officially Grand . 2022-12-27 . PaperCity Magazine . en-US.
  9. Web site: Sasic . Ema . Health officials order testing of Mastro's Steakhouse employees after 'major' COVID-19 outbreak . 2022-12-26 . . en-US.