Commune Hotels + Resorts: Commune Hotels & Resorts and Destination Hotels Merge to Create the Leading Operator of Independent and Lifestyle Hotels and Resorts

Commune Hotels & Resorts, the international lifestyle hotel management company comprising Joie de Vivre Hotels, Thompson Hotels, tommie and Alila Hotels & Resorts, and Destination Hotels, the preeminent operator of independent hotels, resorts and residences in the United States, today announced that they have merged to create the leading operator of independent and lifestyle hotels and resorts. The merger creates an opportunity for two successful and growing companies to leverage their respective strengths and competitive advantages to better compete in a dynamic industry. The combined company will drive superior financial and investment performance for property owners and will offer greater options to guests and career opportunities for employees. Together, Commune and Destination will retain their nimble entrepreneurial spirit and unique capabilities while honing their focus on creating personalized and engaging guest experiences.