There are some boldface names behind the opening of the Nobu Ryokan hotel on Carbon Beach in Malibu later this month.

Oracle co-founder Larry Ellison, who reportedly owns 10 houses on the beach, joined Nobu Hospitality Group to build the 16-room luxury hotel next to Chef Nobu Matsuhisa’s namesake restaurant, according to spokesman Eric Rivera. The hotel’s other owners include Matsuhisa, actor Robert de Niro, and former Hollywood producer Meir Teper.

The hotel is supposed to put a modern twist on the traditional minimalist aesthetic of a Japanese ryokan, or inn, with teak soaking tubs in each room.

Stays will require a minimum of two nights with rates beginning at $2,000 a night during busy travel periods, according to the hotel’s website. Guests get preferred reservations at the restaurant.

New York-based Nobu Hospitality Group, owned by Matsuhisa, De Niro, Teper, and Australian billionaire James Packer, will manage the property, Rivera said.

Matsuhisa opened the first of his namesake restaurants in New York in 1994. The first Nobu Hotel opened within Caesars Palace Las Vegas Hotel and Casino in 2013. There are three other Nobu Hotels in the country.

The Malibu hotel is one of nine that hospitality group plans to open in locations spanning the globe, according to its website. The company has another restaurant in West Hollywood in addition to Malibu.

Staff reporter Caroline Anderson can be reached at [email protected].