Fasano Group ( officially Restaurante Fasano Ltda.) is a Brazilian multinational hospitality company based in Jardins, São Paulo, Brazil. Founded by the Fasano family in 1902, it currently operates hotels and restaurants in Brazil, Uruguay and the United States. Gero Fasano remains the controlling shareholder with 37% and chairman of the group. As of 2023, Fasano operates 26 Restaurants, 9 Hotels and employs 1,500+ people worldwide.
Organization
Hotels
Fasano Fifth Avenue, New York City (private residence club) Fasano Punta del Este, Punta del Este, Uruguay Fasano Sao Paulo Itaim, Sao Paulo (Itaim Paulista) Fasano Trancoso (Trancoso, Bahia) Fasano Belo Horizonte (Belo Horizonte) Fasano Salvador (Salvador, Bahia) Fasano Angra dos Reis (Angra dos Reis) Fasano Rio de Janeiro (Rio de Janeiro) Fasano Boa Vista (Boa Vista, Roraima) Fasano Sao Paulo Jardins (Jardins)
In 2014, Brazilian real estate development company JHSF agreed to buy 13 Fasano restaurant locations as well as the right to use the brand, for 53 million Brazilians reais ($23.8m). Ever since the previous owner Gero Fasano remains a controlling shareholder with 37% and currently still chairs the company.
History
In 1902, Vittorio Fasano, an Italian immigrant came to Brazil and opened a first restaurant on Avenida Paulista (named Brasserie Paulista) which served Milanese food. The name later shifted into Restaurante Fasano (Fasano Restaurant) and was operating successfully until the 1930s. Over the generations they expanded and opened several locations including an own Italian bakery. In the 1980s, Gero Fasano, who recently dropped out of the University of the Arts London, returns to his native country and takes over the family business. He will be the one who transforms the regionally organized restaurants company into a multinational luxury hospitality brand.