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July 2, 2018: 600 "Keep Families Together" Marches Take Place Across the U.S., AccorHotels Will Buy Half of SBE Entertainment Group, Popular Pacific Northwest Music Festival to Shut Down

By Ian Zelaya July 2, 2018, 8:36 AM EDT


1. 600 “KEEP FAMILIES TOGETHER” MARCHES TAKE PLACE ACROSS THE U.S.: Thousands of people gathered for marches across the U.S. on Saturday, demanding that the Trump administration reunite immigrant families that were separated at the U.S.-Mexico border. NBC News: “The protests, marching under the banner 'Families Belong Together,' are hoping to push the Trump administration to reunite thousands of immigrant children separated from their families after crossing into the United States. More than 600 marches occurred throughout the country, from liberal, immigrant-friendly cities like New York and Los Angeles to more conservative regions like Appalachia and Wyoming. American expats even gathered across from the U.S. consulate in Munich.  As approximately 30,000 people marched across the Brooklyn Bridge in New York City, they chanted, 'Immigrants built this bridge.' When they got to the city's ICE headquarters, protesters yelled 'shame' at the building. Closest to the situation were the thousands who gathered on the border with Mexico, particularly in El Paso, Texas. Thousands watched the Facebook livestream of the 'Families Belong Together' rally in Washington where parents, children and faith leaders took turns to speak out against the Trump administration policy. Lin-Manuel Miranda took the stage and sang a song from his celebrated musical 'Hamilton' to the protesters. ... Demonstrators lifted their fists and numerous, colorful signs. A 4-year-old in Washington D.C. raised one that read 'I get my mommy. Why can't she?' A New Yorker raised a sign that said 'Amerikkka: separating families since 1619.' In El Paso, Texas, another said, 'I really do care. Do you?' a reference to the jacket worn by first lady Melania Trump last week as she headed for the border to visit children separated from their families." https://nbcnews.to/2ID55c0

2. ACCORHOTELS WILL BUY HALF OF SBE ENTERTAINMENT GROUP: French hospitality company Accor will buy half of hotelier Sam Nazarian's SBE Entertainment Group for $319 million. The Wall Street Journal: “Accor will pay $125 million to acquire common stock held by supermarket magnate Ron Burkle’s Yucaipa Cos. and real-estate investment firm Cain International, the companies said, and invest an additional $194 million to acquire preferred equity owned by the two firms. The deal marks an exit for Cain International from its investment in SBE and a likely exit for Yucaipa, according to people familiar with the transaction. Mr. Nazarian, SBE’s founder and chief executive, will continue to own the other half of closely held SBE’s common stock. Accor, one of the world’s largest hotel companies, with brands including Sofitel, has been on an investment spree in recent years, acquiring the owner of the Fairmont hotel chain and luxury-home rental service Onefinestay in 2016. The company also has developed partnerships with hotel companies in China, Brazil and the Middle East. Executives said the joint venture would give each company access to markets, customers and brands that aren’t currently in their individual portfolios. For Accor, the partnership would give the company a larger foothold in the U.S. market, in cities such as Los Angeles, Miami and New York. Nearly 80% of Accor’s hotel rooms are in Asia and Europe, while only about 4% are in North America. Accor also would be able to offer new brands such as the SLS and Delano to its existing owners, as well as SBE’s portfolio of restaurants including Katsuya and Umami Burger, said Gaurav Bhushan, the company’s chief development officer." https://on.wsj.com/2MuyFmi

3. POPULAR PACIFIC NORTHWEST MUSIC FESTIVAL TO SHUT DOWN: Sasquatch Music Festival, an annual independent music festival in Washington state created by Adam Zacks, will shut down after 17 years. AV Club: “In other words, the festival is shutting down, with Zacks announcing in a press release (via Portland’s Willamette Week) that he and the rest of the organizers are going to 'take a bow and bid fond farewell' to the music festival. He says he will no longer be producing it, and there will not be a Sasquatch in 2019. The festival started in 2002 with an emphasis on indie rock and jam bands, with initial headliners including Dave Matthews Band and the String Cheese Incident, but it gradually expanded into a Lollapalooza-esque multi-day event, with bigger acts and comedians. Later, the festival tried to expand into two separate weekends in one year, but the second event was canceled and overall attendance started to plummet. Last year, headliner Frank Ocean dropped out a few weeks before the festival, which surely put a damper on the whole thing. In his statement, Zacks said that, '17 years is a long time to do anything,' noting that 'The Beatles lasted a mere eight years,' and while he acknowledged that Sasquatch wasn’t as 'indelible as ‘Hey Jude,’' he hopes they left a 'lasting mark and proudly represented an independent spirit.'" https://bit.ly/2tYbY2f

* LOCAL NEWS *

ATLANTIC CITY:  LDV Hospitality has opened two restaurants at Ocean Resort Casino. American Cut offers steakhouse staples from chef Marc Forgione, while Dolce Mare serves Italian seafood dishes from chef Paolo Dorigato.  

CHICAGO:  This year's Chicago Triathlon will take place August 25-26.

LOS ANGELES:  U.C.L.A.'s Mattel Children's Hospital will host its annual Party on the Pier fund-raising event on November 18 at Pacific Park in Santa Monica.

For information on upcoming events in Los Angeles, visit Masterplanner: http://www.masterplanneronline.com/losangeles

NEW YORK:  Hudson River Park’s 20th anniversary gala will take place October 11 at Pier Sixty. The gala will honor actress Claire Danes. 

The Orphaned Starfish Foundation’s 14th annual gala fund-raiser will take place October 19 at Cipriani Wall Street. The gala theme will be “World of Wonder.” 

For information on upcoming events in New York, visit Masterplanner: http://www.masterplanneronline.com/newyork

TORONTO:  This year’s Rogers Cup tennis tournament, presented by National Bank, will take place August 4-12 at the Aviva Centre. 

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With contributions from Claire Hoffman in Los Angeles and Beth Kormanik, Michele Laufik, Ian Zelaya, and Kristine Liao in New York.

BizBash Daily is the must-read digest of event industry news from BizBash.com.

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