The recently merged Destination Hotels and Commune Hotels & Resorts today unveiled their new overarching company: Two Roads Hospitality. After the merger was announced earlier this year, the newly created international lifestyle company now features a collection of individual hotels, resorts and vacation residences. 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.
The company name reflects the distinctive paths that Commune and Destination have forged in the independent and lifestyle hospitality sector. Two Roads Hospitality also references the joining together of parallel companies with more than 40 years of combined expertise exclusively dedicated to the boutique and lifestyle space, sharing complementary property locations while staying committed to the pursuit of experiences that are individual and unique. The brand includes award-winning restaurants and bars, stunning vacation residences, world-class golf courses, and indigenous spa and wellness offerings.
Jamie Sabatier of Destination Hotels and Niki Leondakis of Commune Hotels & Resorts 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 financial, operational and cultural success.
“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 of 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.”
Sabatier will oversee the company’s operating and financial performance, global development, 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 and beverage programming, and interior design strategy, with a focus on elevating the portfolio’s lifestyle experiences.
“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 Two Roads Hospitality Hotels & Resorts. “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.”
Along with Sabatier and Leondakis, the core executive team of Two Roads Hospitality will include Tom Luersen, chief operating officer; Todd Wynne-Parry, executive vice president of global acquisitions and development; Andre Fournier, executive vice president of sales and 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 New York City and Cliff House Maine, A Destination Hotel in Cape Neddick, Maine. In the next year, it will debut multiple high-profile projects, including Thompson Nashville; Joie de Vivre properties including 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, California, West Los Angeles, Austin, San Antonio, Chicago and New Orleans.
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.