Commune moves in to Asia as Geolo Capital acquires majority stake in Alila Hotels & Resorts

George Sell By George Sell
03 June 2015 | Updated 03 June 2015

Singapore: Commune Hotels & Resorts has added Alila Hotels & Resorts to its portfolio.

Singapore: Commune Hotels & Resorts has added Alila Hotels & Resorts to its portfolio.

The deal comes a year after the two companies announced a strategic partnership, and is the result of Geolo Capital - the owner of Commune Hotels & Resorts - acquiring a majority stake in Alila.

Alila becomes Commune's fourth hotel brand, joining Joie de Vivre Hotels, Thompson Hotels and tommie.

Niki Leondakis, CEO of Commune, said: "I'm thrilled to welcome the Alila team to the family. Through our partnership this past year, we quickly discovered that our company cultures and values are very well-aligned. Asia is an incredibly influential and promising travel market with tremendous growth potential for Commune; Alila has a strong foothold in the region with world-class hotels and a commitment to guest service that's nothing short of exceptional, all of which creates significant opportunity for Commune's existing hotels and future development internationally."
 
Alila Hotels and Resorts' corporate office in Singapore will become the regional office of Commune Hotels & Resorts in Asia. Each individual Alila hotel and resort will retain its name. Frederic Flageat-Simon, previously CEO of Alila, will serve as CEO Asia of Commune Hotels & Resorts, overseeing the Singapore-based executive team and managing the Commune portfolio in Asia. Flageat-Simon and his team will focus on growing the Commune brands in Asia, Australia and the Middle East, while the US-based Commune team will continue to build the development pipeline in America, Europe and Africa.
 
"The value of the two companies together is greater than two separate entities," remarked Flageat-Simon. "The combination of Alila's footprint and experience in Asia, combined with the infrastructure, resources and global reputation of Commune will mean a winning guest experience for more people around the world, and a global management and distribution platform for our owners."
 
www.communehotels.com
www.alilahotels.com

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