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Sunset Hospitality Group raises $35 million in funding from Goldman Sachs Asset Management

by WAYA Staff - Oct 31, 2022
Sunset Hospitality Group raises $35 million in funding from Goldman Sachs Asset Management

Sunset Hospitality Group (SHG), which develops and operates lifestyle brands, has raised $35 million in funding from Goldman Sachs Asset Management (Goldman Sachs).

SHG was founded in the UAE in 2011 and has a large portfolio of hospitality lifestyle brands, including METT Hotels & Resorts, Azure Beach, Black Tap, L’amo, Ammos, and Drift Beach among others.

“We remain committed to growth within the UAE and wider GCC region. However, we also want to take our team’s talent and ambition further afield and apply all the know-how we have developed over the past decade, and export the Dubai standards of hospitality to a wider stage. We are actively looking at acquisition opportunities to continue our exponential growth around the world and the support of Goldman Sachs is fundamental to this new phase of our company,” Antonio Gonzalez, CEO of Sunset Hospitality Group, said.

The funding will support SHG’s expansion plans in Marbella and also explore opportunities in the Mediterranean region, UK, USA, and Asia.

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