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Hollywood's Private Club King Seeks Growth Partner
20 Mar
Summary
- Hotelier Jeff Klein is seeking a partner for hospitality empire expansion.
- Klein may consider a majority sale, but prefers growth over exit.
- New locations like Palm Springs and Santa Barbara are being considered.
Jeff Klein, a prominent figure in Hollywood's hospitality scene, is exploring options for the future of his exclusive private clubs. While reports suggested he might be considering an exit, Klein clarified that his primary goal is to find a partner to facilitate expansion. He is open to a "fuck you" offer, but his focus is on growing his empire, potentially with new properties in nearby locales such as Palm Springs and Santa Barbara.
Klein, who has redefined Los Angeles club culture over two decades, aims to maintain the scarcity and consistency that define his establishments, like the highly coveted San Vicente Bungalows. He acquired the property in 2013 and transformed it into a haven for celebrities, even pioneering measures like placing stickers over guests' phones to prevent photography, thereby safeguarding privacy and exclusivity.
