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+--- Thread: COMMUNE HOTEL AND RESORTS MERGER (/thread-93.html)
COMMUNE HOTEL AND RESORTS MERGER - TEAM HARLFORUM - 01-26-2016
Commune Hotels & Resorts and Destination Hotels have merged to create a combined operator of independent and lifestyle hotels and resorts. The company will manage more than 90 properties in seven countries with approximately US$2 billon of total property revenues under management.
Through the merger, each company will strengthen a key portion of its portfolio: Commune brings a broader set of urban offerings across North America, Asia and Europe, while Destination contributes a wide array of resort properties in premier destinations from coast to coast.