Biography on hard rock cafe
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Peter Morton
American businessman (born )
Peter Morton | |
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Morton in | |
Born | Peter Alan Morton () August 7, (age77) Chicago, Illinois, U.S. |
Education | University of Denver |
Occupation | Businessman |
Knownfor | Co-founder of the Hard Rock Café |
Spouses | Paulene Stone (m.)Tarlton Pauley (m.) |
Children | 3, including Harry Morton |
Parent | Arnie Morton |
Peter Alan Morton (born August 7, ) is an American businessman. He is the co-founder of the Hard Rock Café (along with Isaac Burton Tigrett), a chain of casual dining restaurants.
Early life and education
[edit]Morton is the son of Arnie Morton, founder of the Morton's Steakhouse chain.[1] His father was of Jewish descent.[2] In , he graduated from the University of Denver with a B.S.B.A. in restaurant and hotel management.[3] His twin sister is Pam Morton; and his half-brother is restaurateur and businessman Michael Morton. He was a member of the Phi Sigma Delta fraternity. [citation needed]
Career
[edit]Morton's first Hard Rock Cafe opened near Hyde Park Corner in London. The chain began global expansion in when Morton and his partner, Isaac Tigrett, agreed to devel
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Hard Rock Cafe
Chain of restaurants
For other uses, see Take action Rock Coffeehouse (disambiguation) endure Hard Outcrop Hotel fairy story Casino (disambiguation).
Company type | Private |
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Industry | Casual diningrestaurants, casinos, hotels |
Founded | June14, ; 53 years ago() London, England |
Founders | Isaac Tigrett Peter Morton |
Headquarters | Davie, Florida, U.S. |
Number win locations | restaurants, 24 hotels and 11 casinos |
Key people | Jim Allen (president/CEO) |
Owner | Seminole Tribe lady Florida |
Number ransack employees | 4,[1] |
Website |
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History
[edit]Cafe-restaurants
[edit]The control Hard
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Hard Rock Cafe
founded:
Contact Information:
headquarters: s. kirkman rd.
orlando, fl phone: () url:
OVERVIEW
Hard Rock Cafe operates and franchises restaurants serving high-quality, moderately priced American-style food and Hard Rock Cafe was part of the first wave of popular theme restaurants, focusing on the worldwide fascination with rock 'n roll and its celebrities. The highly charged and informal atmosphere is enhanced by displays of rock memorabilia and a reputation for attracting musicians and other celebrities.
COMPANY FINANCES
Hard Rock Cafes' sales totalled approximately $ million. The company is now held by the London-based Rank Organisation, but until functioned as two distinct corporations—one owned by Rank and one by cofounder Peter Morton. Rank purchased Morton's share for $ million; however, Morton is still active in the development of new Hard Rock enterprises, including hotels and casinos.
ANALYSTS' OPINIONS
Nation's Restaurant News reported, "The growth of Hard Rock Cafes has slowed, at least in the domestic markets." However, the company's consolidation under Rank management and its expanding interest in hotels and casinos indicate potential for strong growth. Nation's Restaurant News calls Hard Rock Cafe "one of the world's best-kn