Denver, Colorado – 27 September 2016
Recently merged, Destination Hotels and Commune Hotels & Resorts unveiled their new overarching company: Two Roads Hospitality. The newly created international lifestyle company features an unrivaled collection of truly individual hotels, resorts and vacation residences that caters to guests’ personal journeys. Comprised of Joie de Vivre Hotels, Thompson Hotels, Destination Hotels, tommie and Alila Hotels & Resorts, Two Roads Hospitality is poised to be the leading operator of independent, boutique and lifestyle hotels with more than 95 properties in eight countries, and approximately $2 billion in total property revenues under management.
Jamie Sabatier and Niki Leondakis will lead the newly established company as CEO of Two Roads Hospitality and CEO of Hotels & 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. Sabatier will oversee the company’s operating and financial performance, global development and growth strategy, human resources and technology. In her new role, Leondakis will be responsible for hotel property financial performance, including operations, sales & marketing, guest experience, food & beverage programming, and interior design strategy, with a focus on elevating the overall portfolio’s lifestyle experiences.
Along with Sabatier and Leondakis, the core executive team of Two Roads Hospitality will comprise of: Tom Luersen, Chief Operating Officer; Todd Wynne-Parry, EVP, Global Acquisitions & Development; Andre Fournier, EVP, Sales & Marketing; Mark Hays, Chief Financial Officer; and Andrew Arthurs, Chief Information Officer. John Pritzker and Robert Lowe, Jr. serve as Co-Chairmen of the combined company.
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.