Destination and Commune merge to form Two Roads Hospitality

George Sell By George Sell
27 September 2016 | Updated 27 September 2016

US: New overarching company will encompass all Destination and Commune brands.

US: New overarching company will encompass all Destination and Commune brands.

Destination Hotels and Commune Hotels & Resorts have unveiled their new overarching company, Two Roads Hospitality.  The newly created company includes Joie de Vivre Hotels, Thompson Hotels, Destination Hotels, tommie and Alila Hotels & Resorts. It currently has more than 95 properties in eight countries, and approximately $2 billion in total property revenues under management.
 
The company says its new 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 company as CEO of Two Roads Hospitality and CEO of Hotels & Resorts respectively. The core executive team of Two Roads Hospitality will comprise COO Tom Luersen; Todd Wynne-Parry, EVP, global acquisitions & development; Andre Fournier, EVP, sales & marketing; CFO Mark Hays; and Andrew Arthurs, chief information officer. 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. "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. "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 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 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.

www.tworoadshotels.com

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