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The ONE Group Hospitality, Inc. Opens New STK Niagara Falls Location

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The ONE Group Hospitality (Nasdaq: STKS) has opened its 30th STK Steakhouse location at Niagara Falls, Canada. Located at 6700 Fallsview Blvd. within the Embassy Suites Hotel, the new restaurant offers views of Niagara Falls, VIBE dining experience, classic steakhouse dishes, signature cocktails, and live DJ entertainment. The location operates Sunday through Thursday from 11:30 a.m. to 11 p.m., and Friday & Saturday from 11:30 a.m. to 12 a.m. The new establishment, developed in partnership with Fallsview Group, features an award-winning wine list and provides takeout and delivery services.

The ONE Group Hospitality (Nasdaq: STKS) ha aperto la sua 30ª Steakhouse STK a Niagara Falls, in Canada. Situato al 6700 Fallsview Blvd. all'interno dell'Embassy Suites Hotel, il nuovo ristorante offre una vista sulle Cascate del Niagara, un'esperienza culinaria VIBE, piatti classici da steakhouse, cocktail esclusivi e intrattenimento dal vivo con DJ. Il locale è aperto da domenica a giovedì dalle 11:30 alle 23:00 e venerdì e sabato dalle 11:30 a mezzanotte. Il nuovo stabilimento, sviluppato in collaborazione con Fallsview Group, presenta una lista di vini premiata e offre servizi di asporto e consegna.

The ONE Group Hospitality (Nasdaq: STKS) ha inaugurado su 30ª Steakhouse STK en Niagara Falls, Canadá. Ubicado en 6700 Fallsview Blvd. dentro del Embassy Suites Hotel, el nuevo restaurante ofrece vistas a las Cataratas del Niágara, una experiencia de comida VIBE, platos clásicos de steakhouse, cócteles exclusivos y entretenimiento en vivo con DJ. El lugar está abierto de domingo a jueves de 11:30 a.m. a 11 p.m., y viernes y sábado de 11:30 a.m. a 12 a.m. El nuevo establecimiento, desarrollado en colaboración con Fallsview Group, cuenta con una carta de vinos galardonada y ofrece servicios para llevar y entrega.

ONE Group Hospitality (Nasdaq: STKS)는 캐나다 나이아가라 폭포에 30번째 STK 스테이크하우스를 개업했습니다. Embassy Suites Hotel의 6700 Fallsview Blvd.에 위치한 이 새로운 레스토랑은 나이아가라 폭포 전망, VIBE 식사 경험, 클래식 스테이크하우스 요리, 시그니처 칵테일 및 라이브 DJ 엔터테인먼트를 제공합니다. 이 장소는 일요일부터 목요일까지 오전 11시 30분부터 오후 11시까지, 금요일과 토요일은 오전 11시 30분부터 자정까지 운영됩니다. Fallsview Group과의 협력으로 개발된 이 새로운 시설은 수상 경력이 있는 와인 리스트를 제공하며, 테이크아웃 및 배달 서비스도 이용 가능합니다.

The ONE Group Hospitality (Nasdaq: STKS) a ouvert son 30ème STK Steakhouse à Niagara Falls, Canada. Situé au 6700 Fallsview Blvd. dans l'hôtel Embassy Suites, le nouveau restaurant offre une vue sur les chutes du Niagara, une expérience culinaire VIBE, des plats classiques de steakhouse, des cocktails signatures et des divertissements en direct avec des DJ. L'établissement est ouvert du dimanche au jeudi de 11h30 à 23h00, et le vendredi et samedi de 11h30 à minuit. Le nouvel établissement, développé en partenariat avec Fallsview Group, présente une carte des vins primée et propose des services de plats à emporter et de livraison.

The ONE Group Hospitality (Nasdaq: STKS) hat seine 30. STK Steakhouse Niederlassung in Niagara Falls, Kanada, eröffnet. Das neue Restaurant befindet sich in der 6700 Fallsview Blvd. innerhalb des Embassy Suites Hotels und bietet einen Blick auf die Niagarafälle, ein VIBE-Dining-Erlebnis, klassische Steakhouse-Gerichte, exklusive Cocktails und Live-DJ-Unterhaltung. Die Location hat von Sonntag bis Donnerstag von 11:30 bis 23:00 Uhr und Freitag und Samstag von 11:30 bis 0:00 Uhr geöffnet. Das neue Etablissement, das in Zusammenarbeit mit Fallsview Group entwickelt wurde, bietet eine preisgekrönte Weinkarte sowie Takeout- und Lieferdienste an.

Positive
  • Expansion of restaurant portfolio with 30th STK location
  • Strategic location in tourist destination with high visibility
  • Asset-light growth strategy through licensing partnership
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Insights

The opening of STK's 30th location in Niagara Falls represents a strategic expansion of The ONE Group's asset-light growth model, targeting high-traffic tourist destinations. The partnership with Fallsview Group minimizes capital requirements while leveraging prime real estate within the Embassy Suites Hotel. Key advantages of this location include:

  • Premium positioning in a major tourist destination with over 13 million annual visitors
  • Year-round operation potential despite seasonal tourism fluctuations
  • Dual market capture of both Canadian and U.S. customers
  • Integration with hotel operations for consistent baseline revenue

While restaurant openings typically take 6-12 months to reach optimal performance, the tourist-heavy location could accelerate this timeline. The company's asset-light strategy has proven effective in managing expansion costs while maintaining brand consistency.

STK Steakhouse brings its unrivaled VIBE dining experience to Canada, overlooking Niagara Falls

This location is the 30th STK Steakhouse in operation; the new, licensed location is part of the Company’s asset light growth strategy

DENVER--(BUSINESS WIRE)-- The ONE Group Hospitality, Inc. (Nasdaq: STKS) today announced the recent opening of the newest STK Steakhouse with beautiful views of Niagara Falls, on the Canadian side. Located at 6700 Fallsview Blvd., the new restaurant offers VIBE dining at its finest with incredible views and is situated within the Embassy Suites Hotel. The location offers elevated culinary curations, world-famous cocktails and live music spun by renowned DJs. The opening of STK Niagara Falls offers a new location for locals and tourists alike for sought-after views and an upscale dining experience.

“We’re delighted to open this new STK Steakhouse in such an iconic location with spectacular views of Niagara Falls. STK offers classic steakhouse dishes with unique flair, signature cocktails, an expansive wine list, and our vibe atmosphere keeps the party going from drinks to dinner, and late into the evening,” said Emanuel “Manny” Hilario, President and CEO of The ONE Group.

At STK Niagara Falls, set among creative and fun design elements, guests can enjoy STK’s craveable menu for all day dining. The steakhouse offers a robust and unexpected takeout and delivery offering that showcases the elegant culinary offerings in the comforts of home. STK is also home to an impressive and award-winning wine list that allows guests to pair its premium dry-aged steaks with their favorite varietals from around the world.

Hours of operation for STK Niagara Falls are as follows:

  • Sunday – Thursday: 11:30 a.m. – 11 p.m.
  • Friday & Saturday: 11:30 a.m. – 12 a.m.

The Niagara Falls location marks the 30th STK Steakhouse in operation, in partnership with Fallsview Group, an established privately owned hotel investment, development and management company. This location is now open and reservations are available to book online at STKsteakhouse.com/en-us/location/fallsview.

About The ONE Group

The ONE Group Hospitality, Inc. (Nasdaq: STKS) is an international restaurant company that develops and operates upscale and polished casual, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos and other high-end venues both in the U.S. and internationally. The ONE Group’s focus is to be the global leader in Vibe Dining, and its primary restaurant brands and operations are:

  • STK, a modern twist on the American steakhouse concept with restaurants in major metropolitan cities in the U.S., Europe and the Middle East, featuring premium steaks, seafood and specialty cocktails in an energetic upscale atmosphere.
  • Benihana, an interactive dining destination with highly skilled chefs preparing food right in front of guests and served in an energetic atmosphere alongside fresh sushi and innovative cocktails. The Company operates Benihanas in the U.S., and also franchises and licenses Benihanas in the U.S., Caribbean, Central America, and South America.
  • Kona Grill, a polished casual, bar-centric grill concept with restaurants in the U.S., featuring American favorites, award-winning sushi, and specialty cocktails in an upscale casual atmosphere.
  • RA Sushi, a Japanese cuisine concept that offers a fun-filled, bar-forward, upbeat, and vibrant dining atmosphere with restaurants in the U.S. anchored by creative sushi, inventive drinks, and outstanding service.
  • ONE Hospitality, The ONE Group’s food and beverage hospitality services business develops, manages and operates premier restaurants and turnkey food and beverage services within high-end hotels and casinos currently operating venues in the U.S. and Europe.

Additional information about The ONE Group can be found at www.togrp.com.

Media:

ICR

STK@icrinc.com

Source: The ONE Group Hospitality, Inc.

FAQ

When did STK Steakhouse (STKS) open its Niagara Falls location?

STK Steakhouse recently opened its Niagara Falls location at 6700 Fallsview Blvd., within the Embassy Suites Hotel on the Canadian side of Niagara Falls.

How many STK Steakhouse locations are now in operation for STKS?

With the opening of the Niagara Falls location, STK Steakhouse now has 30 locations in operation.

What are the operating hours of the new STK Niagara Falls restaurant?

STK Niagara Falls operates Sunday through Thursday from 11:30 a.m. to 11 p.m., and Friday & Saturday from 11:30 a.m. to 12 a.m.

The ONE Group Hospitality, Inc.

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