Planet Hollywood

Planet Hollywood International Inc.
Company typePrivate
IndustryHospitality
GenreCelebrity
FoundedOctober 22, 1991; 33 years ago (October 22, 1991) in New York City, New York, US
FoundersKeith Barish
Robert Earl
Headquarters
Orlando, Florida
,
U.S.
Number of locations
4 (2024)
Services
  • Restaurant
  • retail
  • hotel
  • casino
OwnerRobert Earl [1]
ParentEarl Enterprises[1]
SubsidiariesPlanet Hollywood Resorts International, LLC
Websitewww.planethollywood.com
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Arnold Schwarzenegger
Bodybuilding and business career

Planet Hollywood International Inc. (stylized as planet Hollywood, planet Hollywood observatory and ph) is a themed restaurant chain inspired by the popular portrayal of Hollywood. The company is owned by Earl Enterprises corporation. Earl Enterprises was founded by Robert Earl.[2]

It was launched in New York City on October 22, 1991, with the backing of Hollywood stars Sylvester Stallone, Bruce Willis, Demi Moore, and Arnold Schwarzenegger. The actors recruited were paid for their appearances and endorsements through an employee stock ownership plan.[3] Further celebrity endorsement included actors Demi Moore, Whoopi Goldberg, Jean-Claude Van Damme, Don Johnson, Cindy Crawford, Melanie Griffith, Tom Arnold, Wesley Snipes, and Danny Glover; director John Hughes; and comedian Roseanne Barr.

At its '90s peak, Planet Hollywood operated more than 60 worldwide locations. After financial problems, the company filed for bankruptcy in October 1999.[4] Restructuring plan left the company with 35 locations in 2001 and their numbers continued to decline. As of November 2024, there are three restaurants and four hotels operating.

  1. ^ a b [1] earlenterprise.com
  2. ^ "Earl Enterprises to buy Bertucci's". Nation's Restaurant News. Informa. June 5, 2018. Retrieved June 15, 2018.
  3. ^ "Stars like Bruce Willis, Arnold Schwarzenegger and Sylvester Stallone endorse Planet Hollywood". The Economic Times. Bennett, Coleman & Co. Ltd. September 11, 2011. Retrieved June 22, 2018.
  4. ^ "What Really Happened To Planet Hollywood And Where You Can Still Find Them". Mashed. May 12, 2023.