Archive for January, 2012

Jan 16 2012

East, West Coast Hotel Companies Merge to Form Mega Boutique Brand

Published by HotelBlogs under Hotel News

The West Coast’s leading boutique hotel company, San Francisco-based Joie de Vivre Hospitality, has merged with Thompson Hotels — a New York-based collection of 12 lifestyle hotels in New York, Chicago, Los Angeles, London, Miami, Toronto, and Washington, D.C. — to create a new multi-brand lifestyle hotel group, provisionally called JT Hospitality, the two companies announced this week.

Equal partners in the merger, Thompson and Joie de Vivre will combine their hotel-management operations and brands, but not their real estate assets. The result will be a joint collection of 45 properties with combined annual revenues of approximately $500 million.

Click here to read more about the merge.


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