Recently merged partners Destination Hotels and Commune Hotels & Resorts have unveiled their new overarching company: Two Roads Hospitality.
The newly created international lifestyle company consists of Joie de Vivre Hotels, Thompson Hotels, Destination Hotels, tommie and Alila Hotels & Resorts.
Two Roads Hospitality will oversee more than 95 properties in eight countries, and approximately $2 billion in total property revenues under management. The new company name reflects the distinctive paths that both Commune and Destination have forged in the independent and lifestyle hospitality sector.
Jamie Sabatier and Niki Leondakis will lead the newly established company as CEO of Two Roads Hospitality and CEO of Hotels and Resorts, respectively.
Together, the leaders have more than 40 years of experience and proven expertise in building distinctive boutique and independent hotels. Both will focus on the financial, operational and cultural success that will propel the new company’s future performance.
Along with Sabatier and Leondakis, the core executive team of Two Roads Hospitality in the Asia Regional Office will comprise of: Mark Edleson, President; Frederic Simon, Chief Executive Officer; Guy Heywood, Chief Operating Officer; Doris Goh, Chief Marketing Officer; Sean Brennan, VP, Openings & Transitions; Patrick Pahlke, VP, Sales; Wisesa G Putu, VP, Finance; and Frances di Leva, VP, People Services. John Pritzker and Robert Lowe, Jr. serve as Co-Chairmen of the combined company.
“We are excited to begin this new chapter as Two Roads Hospitality, and are enthusiastic about paving a new path as one combined company. We have already witnessed the numerous benefits of our merger from an operational and financial standpoint, and we only anticipate continued success ahead,” said Jamie Sabatier, CEO, Two Roads Hospitality. “Together, we have expanded and strengthened opportunities for our owners, driving profitability while still providing new and distinctive offerings to travelers across our collection of independent hotels, resorts and restaurants.”
“Our dedication to innovative guest experiences in both urban and resort locations, locally-loved restaurants and bars, and the highest standards of personalized service has only intensified since Commune and Destination Hotels joined forces,” added Niki Leondakis, CEO of Hotels and Resorts, Two Roads Hospitality. “We are passionately committed to excellence across all of our brands, and look forward to sharing this exciting journey with our loyal guests and travelers worldwide.”
Two Roads Hospitality will proactively broaden its portfolio with domestic and international growth. In the last four months, the company opened Alila Anji in China, Thompson Seattle, The Beekman, a Thompson Hotel in Lower Manhattan, and Cliff House Maine, A Destination Hotel in Cape Neddick, Maine.
In the next 12 months, it will debut multiple high-profile projects, including Thompson Nashville; Joie de Vivre properties The Troubadour in New Orleans, Hotel 50 Bowery in New York City and a project in Baltimore; and Alila hotels and resorts in India, Cambodia, China, Sri Lanka, Malaysia and Indonesia. In addition, the company has new hotels and resorts under development in Hollywood, Calif., West Los Angeles, Austin, San Antonio, Chicago, New Orleans and Kansas City.
Co-owned by Lowe Enterprises and Geolo Capital, Two Roads Hospitality is headquartered in Denver, Colorado, with offices in San Francisco, New York, Singapore and Shanghai.
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