Our Story

OUR Story

Our Portfolio


Pegasus Hospitality Group currently operates the Palais Royale Ballroom, Harding Waterfront Estate and The Grand Luxe Event Boutique venue. Our catering company, The Food Studio, offers off-site services to our clients whether it be private parties or an elaborate corporate gathering. We are also the exclusive caterer on the University of Toronto Campus at the Rotman School of Business providing exclusive catering in addition to our eating establishment on premises, “The Exchange Cafe”.

All in the family

Family owned & operated

In 2005, a group of restauranteurs encompassing the Pegasus Group, Borg Entertainment Group and the Dagonas Family, now known collectively as the Pegasus Hospitality Group, came together to privately fund the extensive renovation of the historic Palais Royale Ballroom. Each with their own expertise at the time, their partnership and successful collaboration grew quickly to create a new level of service excellence in the hospitality industry.  Expansion was inevitable and the group of companies has grown to include and operate multiple venues and catering divisions across the GTA with exciting new prospects and venues on the horizon.

Our Employees


Our employees are our most important resource, we value and honour them greatly as our chosen family.  Our success is contingent upon creating and retaining a staff capable of delivering on our core company values.  Along with our mandate of executing exceptional events, ensuring a remarkable experience for every guest, every single time, is a key ingredient to our consistency and success.


Our group proudly stands behind our emphasis on understanding ‘where the food we eat comes from’ and the advantages of the Pegasus Hospitality Group providing a 5-star dining experience normally only found in Toronto’s best and most recognized restaurants.


From concept to finish, Pegasus Hospitality Group will design and execute every element of your event flawlessly. The menus are customized, our service precise and the cuisine… impeccable.


Our full event inspiration begins with your vision and expectations.  Your special event should be an extension of you, your favourite foods, and tastes… a characteristic of your personality. Unite them together with the exceptional presentation of our customized cuisine and your event will develop into culinary perfection.  Embracing our exemplary service offered to you and your guests, your event becomes exactly what you would expect, truly epic.


We take pride in traceability, freshness and creativity while maintaining the Green Values in all our cuisine. A big part of providing excellent service and product comes from the relationships we have with our partners and suppliers in the industry. They help inspire us to think the way we do. We build strong relationships with local producers, grow vegetable and herb gardens at our venues, and have a green mindset in the operations at all our locations.