Vegas nightclub mogul Victor Drai expanding into Asia
Las Vegas nightlife mogul Victor Drai is expanding into Asia having inked a joint venture agreement with Hong Kong based Cachet Hotel Group.
The new venture will create integrated nightlife and entertainment destinations within Cachet Hotels and other hotels and mixed use developments throughout Asia Pacific.
The first two confirmed projects will open in Cachet Hotel Chengdu in 2016 and the upcoming Cachet Deluxe Hotel Bangkok in 2017.
"Drai’s Asia will bring our award-winning brands and operation expertise to developers throughout China, Thailand and across Southeast Asia," said president and Asia CEO Michael Gruber.
Drai’s Enterprises operates three exclusive nightlife venues in Las Vegas including the iconic Indigo Lounge and Drai’s Beach Club.
"This new venture will serve Asia’s growing demand for nightlife. We look forward to debuting Drai’s in CHG hotels and in other properties," said Alexander Mirza, CEO of Cachet Hotel Group.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Qatar Airways offers flexible payment options for European travellers
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Skyscanner reveals major travel trends 2026 at ITB Asia
In Italy, the Meloni government congratulates itself for its tourism achievements