Stewart Manhattan Investments Inc. is an Airport Concessions Disadvantaged Business Enterprise (ACDBE) firm, certified as such, by the City of Los Angeles. The sole shareholder, Simeon R. Stewart II, incorporated the business in California, July 30, 2008. Mr. Stewart is a former duty free concessions executive and local businessman with an extensive background in commercial construction. In 2009, Mr. Stewart partnered with veteran hospitality executive, Michael E. Washington.
The newly formed partnership established the “dba” of Palazzo Concessions for Stewart Manhattan Investments Inc. with the vision of pursuing national airport concessions contracts. The partners believe that Mr. Washington’s operational background along with Mr. Stewart’s industry knowledge position Palazzo Concessions to realize exponential growth in the concessions sector.