Landry's Restaurants

Landry's, Inc.

Type	Private
Industry	Restaurants, Entertainment & Hospitality industry
Founded	Houston, Texas
Headquarters	Houston, Texas
Key people	Tilman J. Fertitta, President & CEO
Products	Casual dining Fine dining Casino Games Entertainment Destinations Resorts
Number of employees
Website	www.landrysinc.com

Landry's, Inc., is an American, privately owned, multi-brand dining/hospitality/entertainment/gaming corporation. Headquartered in Houston, Texas, Landry's, Inc. owns and operates more than 500 restaurant/hotel/casino/entertainment destinations in 35 states and the District of Columbia. The company also owns and operates numerous international locations.

Landry's, Inc., is owned entirely by President & CEO Tilman J. Fertitta, an original partner in the company's first Landry's Seafood, which opened in the Houston suburb of Katy, Texas, in 1980. A year later, Fertitta helped open Willie G's, a seafood restaurant in Houston. In 1986, Fertitta gained controlling interests in both restaurants. He became CEO and took the company public in 1993, with a valuation of $30 million.

Under the leadership of Fertitta, the company expanded. In 2010, already being the majority shareholder, Fertitta acquired all outstanding shares of company stock, gaining sole control and ownership. By 2011, the company's value had risen to more than $1.7 billion.

Throughout the 1990s, Landry's, Inc., expanded, developing and acquiring restaurant, entertainment, hospitality, and gaming businesses. In 1994, Landry's, Inc., acquired Joe's Crab Shack. In 2006, Landry's, Inc. sold Joe's Crab Shack, which had grown to more than 120 locations, to J.H. Whitney & Company. During the decade, the company acquired a number of other restaurants, including The Crab House and Cadillac Bar. Landry's Seafood continued to expand.

Landry's, Inc., expanded its hospitality and entertainment divisions in 1996, acquiring The San Luis Resort, Spa & Conference Center, a 32-acre beachfront resort on Galveston Island's historic Seawall Boulevard and built on top of the former Fort Crockett. In 2004, Landry's, Inc. partnered with the City of Galveston to open a 140,000 square foot convention center, the Galveston Island Convention Center at the San Luis Resort. In 2003, the company acquired the adjacent Holiday Inn Resort Galveston – On the Beach. In 2004, the adjacent Hilton Galveston Island Resort was acquired. In total, the San Luis Resort includes 700 guest rooms, 10 restaurants, and 200,000 square feet of event space.