Hyde Lounge to Debut This Spring at Las Vegas Arena

sbe, the Los Angeles-based leading lifestyle hospitality company that develops, manages and operates award-winning hospitality venues, announced today the launch of Hyde Lounge at Las Vegas Arena set to open in April 2016. Hyde Lounge Las Vegas Arena will be the exclusive nightclub option at Las Vegas Arena, allowing guests to experience the height of service with views to match in an entertainment and sporting viewing experience unlike any other

Hyde Lounge at Las Vegas Arena will be located high above the event action with two platforms extending over the arena seating for unparalleled viewing opportunities. The 18,000-square-foot space designed by Dakota Development and DesignAgency, will also feature an intimate lounge experience complete with bottle service, plush couches, high-energy DJs, VIP elevator access, a selection of culinary treats, and skyline views of the famed Las Vegas Strip.

sbe's Hyde brand has been visionary in transforming how spectators enjoy entertainment and sporting events with its first evolution of the nightlife heritage brand Hyde Lounge at STAPLES Center in Los Angeles followed by Hyde at American Airlines Arena in Miami.

Las Vegas Arena, a 20,000-seat venue located between New York-New York Hotel & Casino and Monte Carlo Resort and Casino, has been developed through a partnership between AEG and MGM Resorts International. The venue is scheduled to host more than 100 events annually including UFC, boxing and other sporting events; major headline entertainment, awards shows and special events. The newest landmark will have a significant impact on the city's entertainment landscape while providing Las Vegas visitors and the local community a guest experience second to none.

Sam Nazarian, sbe founder and CEO, said, "We are extremely proud to partner with the Las Vegas Arena team on this dynamic and forward-thinking development that will transform the Las Vegas landscape. Hyde provides an unrivaled nightlife scene that will leave a footprint as we enhance the brand with this large-scale viewing and event driven destination."

Rick Arpin, senior vice president of entertainment for MGM Resorts International, said, "We are creating a world-class venue that will deliver a number of memorable moments to our guests, with Hyde Lounge at the top of the list. Hyde's ability to engage guests in a high-energy Las Vegas atmosphere while enjoying a major concert or sporting event is exactly the type of environment we want inside the Arena; it will be nothing short of spectacular."

Bob Newman, President, AEG Facilities, said, "Hyde Lounge and sbe have proven to be innovative and collaborative partners with their groundbreaking introduction of Hyde Lounge at STAPLES Center. Nobody understands the club and lounge market and atmosphere better than sbe and we look forward to the unveiling of their newest masterpiece at the Las Vegas Arena."

ABOUT SBE
sbe is a leading lifestyle hospitality company that develops, manages and operates award-winning hotels, restaurants and night clubs. Through exclusive partnerships with cultural visionaries, sbe is dedicated to delivering the best in design, culinary and entertainment. Already a proven leader in the hospitality and real estate industries, sbe has more than 80 properties currently operating or in development, and has expanded several of its flagship brands including SLS Hotels, The Bazaar by Jose Andres, Hyde Lounge and The Redbury, nationally and internationally. Founded in 2002 by Chairman and CEO Sam Nazarian, sbe is a privately held company. More information about sbe can be obtained at sbe.com or by downloading the sbe App.

ABOUT LAS VEGAS ARENA
Las Vegas Arena is a privately funded $375 million indoor arena set to open in April 2016. The 20,000-seat venue, located west of the Las Vegas Strip between New York-New York and Monte Carlo, is expected to host more than 100 events annually, including UFC, boxing, hockey, basketball and other sporting events, major headline entertainment, awards shows, family shows and special events. Las Vegas' newest landmark will feature 50 luxury suites, more than two dozen private loge boxes, complete broadcast facilities, and other specially designed exclusive hospitality offerings and fan amenities destined to create a guest experience second to none. The Arena has partnered with international iconic brands Coca-Cola, Schneider Electric and Toshiba American Business Solutions Inc., as the venue's first "Founding Partners." These Founding Partners will introduce and brand signature fan initiatives, displays and interactive spaces including Toshiba Plaza, an adjacent two-acre entertainment space which will feature a performance stage, a variety of video screens and other interactive content and display areas. Industry-leading architect Populous designed the venue to meet the U.S. Green Building Council's standards for LEED Gold Certification. Las Vegas Arena is a joint venture between AEG and MGM Resorts International (NYSE: MGM). For more information visit the Las Vegas Arena website at www.arenalasvegas.com.

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