He’s used to seeing dollar signs and golden nuggets, but thanks to a big-budget new business venture, Tilman Fertitta is now dealing in diamonds—five of them, to be exact.
Launching his first true luxury hotel, the lavish Post Oak at Uptown Houston
was a calculated gamble that paid off. Within six months of its March
opening date, the property joined an elite crew of only 89 hotels in
America to score a prestigious AAA Five Diamond distinction.
“We have exceeded expectations,” the 62-year-old businessman
states. “It has become a preferred Houston destination for high-profile
celebrities and public figures, world travelers and even for
staycations.”
When you’re often referred to as ‘The man
with the Midas touch’ and your superlative is ‘The world’s richest
restaurateur’, success is not so much a concern as it is an expectation.
But unlike the 600-plus venues Fertitta owns and operates across 36
states and in over 15 countries around the world, this was home and,
therefore, this was personal.
Photo Credit: Julie Soffer
Fertitta was born and raised in Houston,
attended the University of Houston and started his first
restaurant—Landry’s Seafood—in Katy, one of the city’s suburbs. It is
also where he raised his family (a daughter, Blayne, and three sons,
Michael, Patrick and Blake, with wife of 28 years, Paige) and where, to
this day, he runs the 43-year-old parent company, Fertitta
Entertainment, valued at over $4.5 billion.
He has always been firmly tied to the
city and, as such, was the perfect person to implement its growth as a
hub for upscale travelers.
“I’ve traveled the world, seeing the finest hotels. Houston is my hometown and [so] people would ask me where to stay… and I never had a good answer. There was nothing comparable to a five-star quality hotel [here]. Houston needed a hotel like this, and I wanted to be the one to deliver it. Now, I am proud to say that the Post Oak Hotel is not only the best in Houston, but is truly one of the best hotels in America.”
“I’ve traveled the world, seeing the finest hotels. Houston is my hometown and [so] people would ask me where to stay… and I never had a good answer. There was nothing comparable to a five-star quality hotel [here]. Houston needed a hotel like this, and I wanted to be the one to deliver it. Now, I am proud to say that the Post Oak Hotel is not only the best in Houston, but is truly one of the best hotels in America.”
Its rapid rise to hotel royalty has
certainly helped bring attention to Houston. The accolades keep rolling
in—a Forbes Five-Star spa award here, a distinction as one of 35
properties in the nation to join the Preferred Hotels & Resorts
Legends Collection there. And the cherry on top: the only Houston hotel
with that AAA Five-Diamond rating. In fact, the only other Texan
properties to make the cut include San Antonio’s Hotel Emma and The
Ritz-Carlton, Dallas.
Photo Credit: Julie Soffer
Fertitta has worked for it, though. With
an ‘If you build it, they will come’ mentality, he set to work making
the Post Oak his own personal field of dreams. Construction began on the
$350-million property in 2015 and it opened three years later. In the
interim, he was completely hands-on, making every decision designed for
an optimal hotel stay experience—including pillowcases monogrammed with
guests’ initials.
“I knew I wanted everything in this hotel
to be of the highest quality,” Fertitta acknowledges. “You can see the
level of luxury when you walk into the lobby [and see] custom Calcutta
marble flooring, Ebony Woodridge stone pillars, custom fabric wall
panels [with abstract images of falling leaves, inspired by the hotel’s
name] and a hand-tufted silk abstract rug—all surrounded by works of art
from Frank Stella.” He adds, “I have a three-story cascading chandelier
laced with more than 16,000 Swarovski crystals in the lobby [inspired
by the Dubai Opera House]. It will take your breath away.”
The same can be said of the hotel’s art
collection. A plethora of museum-quality modern American art from
Fertitta’s personal archives are on display throughout its public spaces
and hallways. “I spent millions for the artwork alone,” he confides.
These pieces include—in addition to Frank Stella—works from Robert
Motherwell, Alex Katz, Donald Sultan, Joseph Glasco, Friedel Dzubas and
Howard Hodgkin, as well as commissioned furniture pieces.
This type of opulence and elegance can be
found everywhere, from its old Hollywood-style pool areas (accented in
black and white and highlighted by a fire pit, plus five private cabanas
sheltered by palm trees) to its Grand Ballroom—a glittering, 16,000
square-foot space featuring a 28-foot-tall recessed ceiling with 12
ring-shaped chandeliers, each with 1,317 cut crystal prisms. There is a
Rolls-Royce showroom with floor-to-ceiling windows and a sensational
stainless steel and glass spiral staircase, a Bentley and Bugatti
dealership and a luxury boutique, 29° North (featuring exclusive labels
such as Stubbs + Wooton, Carner, Globe-Trotter and Magglia Francesco,
all of which have made their Texas debut at the Post Oak).
Photo Credit: The Post Oak Hotel at Uptown Houston
Its spa, an elaborate 20,000 square-foot
urban oasis, has already earned a rare Forbes Five-Star distinction for
its amenities as much as for its services. Guests are treated to
tranquility pools with body-contouring hot stone daybeds,
aromatherapy-infused steam rooms, detoxifying high-temperature and
low-humidity saunas, multi-sensory thermal showers, and quiet lounges
with anti-gravity chairs, among other things. Treatments on offer come
courtesy of high-end brands such as the Parisian Cinq Mondes and Swiss
facialist Jacqueline Piotaz.
And that doesn’t even cover the culinary
offerings. All dining outlets fall under Fertitta’s own Landry’s, Inc.
umbrella—from upscale steakhouse Mastro’s, longtime Texan favorite
Willie G’s Seafood, and healthy eatery Bloom & Bee, to casual eatery
Craft F&B, the Paris-inspired Bouchée Patisserie, and the club-like
cocktail lounge H Bar.
It is also home to Wine Spectator’s
Grand Award winner Mastro’s, as well as The Cellar, which carries over
3,000 labels spanning centuries (some vintages date back to the 19th
century). “Just like the rest of the hotel, I wanted our wine program to
be the best in Houston,” he notes. “We have a wine collection that
houses more than $3.5 million worth of inventory from nearly 23
countries. I made sure we carried [wine from] the very best, most
sought-after wineries from around the globe.”
The beauty of the Post Oak is that—under
Fertitta’s direction—even the most basic stay feels opulent. “Our
standard room is 500 square feet with a five-fixture bathroom and three
televisions. There is nothing cookie-cutter about this hotel,” he says.
Photo Credit: The Post Oak Hotel at Uptown Houston
And he’s right. Each of the 250 guest
rooms and suites feels like a private pied-à-Terre. All are equipped
with white marble bathrooms, Acqua Di Parma amenities, 500 thread-count
Egyptian cotton bed linens, in-room Technogym and tablets equipped with
state-of-the-art technology. There are even beds, bowls, and a luxury
dining menu that includes filet mignon for high-end guests’ best
four-legged friends. What’s more, transportation within a two-mile
radius via the house Rolls-Royce or Bentley is complimentary.
Basically, every guest will get to feel a
little more chic under the Post Oak’s shimmering veil of opulence—which
means, naturally, it’s like a second home for stars. “We offer luxury
experiences and amenities you can’t find anywhere else,” Fertitta
states. “We’ve had raving reviews from visiting dignitaries and
celebrities who have stayed in our Presidential Suite. Our VIPs have
appreciated the private elevator access from [the] parking garage or
heliport to the suite.”
At 5,000 square feet and $12,000 per
night, it is one of the largest—and most expensive—in Houston. It
features two bedrooms with a private office, a fitness room with
Technogym equipment, a massage table for in-room spa treatments, a
dining room, and a 400- square-foot terrace with panoramic views of the
Houston skyline. There are 10 TVs, 5,000 square feet of marble, mahogany
wall paneling and 11 chandeliers. A 24-hour butler service is also
available.
But why shouldn’t the hotel cater
to affluent guests? In Fertitta’s humble opinion, the city as a whole is
ready for a little more luxury action. “Houston is one of the most
diverse cities in the country. We have guests from all over the world. I
thought it was important to incorporate a design that had an
international flair and would appeal to our global travelers.”
Photo Credit: Julie Soffer
He continues, “Houston is the nation’s
fourth-largest economy, providing one of the youngest, fastest-growing,
most talented and diverse populations anywhere in the world. This city
is ever-expanding in arts and culture and building a powerhouse culinary
scene. Houston is flourishing and becoming a prime target for tourism.”
Although the Post Oak is his latest and
greatest project in the luxury space, it’s by no means his first attempt
to designate Houston as a tourism hub. He’s been doing this all along,
slowly but surely, over the course of his nearly 40-year career,
starting with his first purchase of a restaurant in 1980 to his most
expensive one: his $2.2 billion buyout of the Houston Rockets in 2017.
In the time between his start and the
present, he has built an empire of over 50 different restaurant brands
and award-winning casinos, hotels, and entertainment concepts. The list
is seemingly endless—including eateries like Morton’s The Steakhouse,
The Oceanaire, Vic & Anthony’s, Grotto, Atlantic Grill, Chart House
and Landry’s Seafood House (just to name a few), as well as the Golden
Nugget Casino and Hotel brand, the iGaming operation
GoldenNuggetCasino.com, the San Luis Resort and the Westin Houston
Downtown hotels. It also includes entertainment destinations like the
Galveston Island Historic Pleasure Pier, The Kemah Boardwalk, Downtown
Aquarium Denver and Houston, and the Tower of The Americas in San
Antonio.
Additionally, Fertitta owns 50 percent of
Catch, one of the hottest spots in Los Angeles and New York, and its
sister restaurant Catch Steak, which opened this month.
Photo Credit: The Post Oak Hotel at Uptown Houston
Of all his numerous achievements—each and every restaurant purchased, his CNBC TV show Billion Dollar Buyer (now in its third season), and his September 17 book release, Shut Up and Listen! from
HarperCollins—there is one that stands out from the rest. This, of
course, is the one that made headlines: his unprecedented,
record-breaking, single-handed acquisition of the Houston Rockets, now
making him the NBA team’s sole owner. Like most things he does, it was a
ballsy move—and it paid off.
“[Buying the Rockets] was pretty special.
I’ve always wanted to own a professional sports team and, when this
opportunity came up, I was not going to get beat on this deal,” he
declares.
Besides his own box, he can buy and sell
players like an average kid trades playing cards. And he has
unprecedented access to some of the best guys in the league, like
Russell Westbrook, Clint Capela, Eric Gordon, Kenneth Faried and, of
course, James Harden. Of his all-star, Fertitta says, “James and I have a
great relationship and we have one thing for sure in common—we both
like to win. There’s a reason why James won the NBA’s Most Valuable
Player last year. He averages 30 points a game. Anyone in the league
will tell you that’s impressive.” He adds,
“Our goal remains the same every year: to bring a national title to the city of Houston.”
While the team and hotel are his primary
focuses at the moment, Fertitta is never one to stop wheeling, dealing,
strategizing or buying. He is always on the go. He can’t stop, won’t
stop (the fact that his preferred methods of transportation get him from
point A to point B quickly—namely, his helicopter, $40 million yacht he calls ‘The Boardwalk’, and G5 private jet—should say it all).
Photo Credit: The Post Oak Hotel at Uptown Houston
“Right now, I am enjoying the success of
this hotel, but I’m always looking for the next opportunity… I’m always
looking for the next smart deal… always doing the right thing and
building the next generation of entrepreneurs in my family.”
It’s all work and no play, but that doesn’t make Tilman
Fertitta a dull man—it just makes him a wealthy one. “I don’t have
hobbies. I don’t play golf on the weekends,” he says. “My sport is
business, and I enjoy doing it every day.”
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