Smith will be actively involved in key growth projects and remain on the Company’s Board of Directors as a Non-Executive Director

[New York – January 8, 2026] – Mohari Hospitality (“Mohari”) has announced that its Chief Executive Officer, Allen Smith, has transitioned to the role of Senior Advisor. In this capacity, Smith remains closely involved with the business, working alongside leadership helping to drive strategic progress across key projects.

Smith has served as CEO since 2022, leading Mohari through a transformative period marked by the expansion of the Company’s global presence, strengthening of its portfolio of high-end properties, and forging of notable partnerships across the hospitality industry. Under his leadership, Mohari has deepened its industry expertise, reputation, and established a strong foundation for future growth.

“Leading Mohari through such a dynamic period of growth has been a tremendous privilege,” said Smith. “I am deeply proud of the world-class team we’ve built and the remarkable progress we’ve made together. As I transition into a strategic advisory role, I am excited to support Mohari’s next chapter, helping to guide our vision and unlock new opportunities for the business and our stakeholders.”

 “Allen’s expertise and commitment have laid a strong foundation for our continued growth.” says founder Mark Scheinberg, “I am pleased that he will remain closely involved as a strategic advisor and Non-Executive Director. I look forward to working together as we execute our strategy and continue to build on Mohari’s success.”

Smith is a prominent leader in the hospitality industry having served as president and CEO of Four Seasons Hotels and Resorts. He drove Four Seasons global expansion and strengthened its position as one of the world’s leading luxury hospitality companies. As a Senior Advisor and Non-Executive Director, Smith will continue to bring this unrivaled experience to bear as Mohari continues to drive value through its vertically integrated hospitality ecosystem.

About Mohari Hospitality

Established in 2017 by Mark Scheinberg, Mohari Hospitality is a global investment firm specializing in luxury properties and lifestyle hospitality. With a diverse portfolio spanning premier destinations across Europe and the Americas, Mohari is dedicated to delivering exceptional guest and dining experiences. The firm’s investments include a portfolio of luxury assets operating under iconic brands including the Four Seasons Madrid; Peninsula Papagayo’s Four Seasons, Ritz Carlton Reserve, and Andaz Resort & Residences; and the Ritz-Carlton Yacht Collection. Additionally, Mohari owns Hakkasan Group, a global leader in modern Asian dining, and Tao Group Hospitality, a world-renowned hospitality company delivering distinctive culinary and premium dining and entertainment experiences. For more information visit: www.MohariHospitality.com