Ruth's Chris Steak House Expands Global Presence to China
Agreement Brings Four New Restaurants to Beijing and Shanghai
ORLANDO, Fla. -- January 30, 2013
Ruth's Hospitality Group, Inc. (NASDAQ: RUTH), a leading international
restaurant company, today announced that it has signed an agreement with Ko
China Hospitality Limited, a subsidiary of longtime Ruth’s Chris Steak House
franchisee-owner restaurant group Hasmore Limited, for the development of four
new Ruth's Chris Steak House locations to be opened in China over the next
three years. The new restaurants planned for Shanghai and Beijing are the
first in China for the upscale dining leader.
“We are very pleased to continue our relationship with Hasmore Limited to
develop and grow our brand’s regional footprint in Asia,” said Michael P.
O'Donnell, Chairman, President and Chief Executive Officer of Ruth's
Hospitality Group, Inc. “This significant development builds upon our
partnership’s success in Japan, Hong Kong, Taiwan and Singapore, and we look
forward to debuting the Ruth’s Chris experience to new guests in China this
Ruth's Chris Steak House, founded in New Orleans, Louisiana USA nearly 50
years ago, offers a comfortable yet elegant atmosphere in which to enjoy
celebrations with family and friends or important meetings with colleagues or
clients. Today, the brand is an upscale dining leader across the globe with
restaurants in 10 countries and territories, including Puerto Rico, Mexico,
Canada, Taiwan, Japan, Hong Kong, Dubai, Aruba, El Salvador and Singapore. New
guests in China will soon be able to enjoy the finest steaks, New
Orleans-inspired appetizers, and classic desserts, all complemented by an
award-winning wine list and handcrafted cocktails. The first Ruth's Chris
Steak House location in China will open in Shanghai by the end of 2013.
About Ruth's Chris Steak House
Ruth's Chris Steak House is the largest upscale steak house company in the
world, with over 130 restaurant locations around the globe. Founded in New
Orleans, Louisiana USA by Ruth Fertel in 1965, Ruth's Chris specializes in
USDA Prime grade steaks served in Ruth's Chris signature fashion ...
"sizzling." For more information, please visit, www.ruthschris.com
About Ruth's Hospitality Group
Ruth's Hospitality Group, Inc. (NASDAQ: RUTH) is a leading restaurant company
focused on the upscale dining segment. The Company owns the Ruth's Chris Steak
House, Mitchell's Fish Market, Mitchell's Steakhouse and Cameron's Steak house
concepts. With more than 150 company- and franchisee-owned locations
worldwide, Ruth's Hospitality Group was founded in 1965 and is headquartered
in Winter Park, Florida.
Kristina Jorge, 646-277-1234
Tom Ryan, 203-682-8200
Fitzhugh Taylor, 203-682-8261
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