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Commune Hotels & Resorts Appoints Niki Leondakis as New CEO

NEW YORK, Nov. 9, 2012 -- John Pritzker, Co-Chairman of Commune Hotels & Resorts named Niki Leondakis to serve as the company's new CEO. Ms. Leondakis joins Commune from Kimpton Hotels & Restaurant Group where she most recently served as President and Chief Operating Officer.

After nearly 20 years with Kimpton, Ms. Leondakis makes the move at a pivotal time of expansion for Commune Hotels & Resorts. Niki's breadth of experience brings key operational leadership, as Commune's forty-six hotel portfolio is poised to become increasingly influential and one of the more diverse lifestyle brands in the hospitality industry.

Pritzker commented, "Niki's work at Kimpton exhibited her passion and balanced approach to leadership. Having Niki partner with us at this time gives her a unique opportunity to impact all aspects of the company during a period of rapid expansion."

The selection of Ms. Leondakis, an accomplished operator who successfully served Kimpton in multiple leadership positions, speaks to Commune's commitment to superior service, efficient operations and the idea that its hotels should reflect the local color. She joins a growing team of industry leaders in development, finance, design and marketing which will lead the company's expansion into the key markets of London, Miami, Chicago, New York City, Seattle, Cabo San Lucas, Hawaii and the heart of Silicon Valley – Palo Alto, California.

About Commune Hotels & Resorts:
In June of 2010, Geolo Capital, a private equity firm founded by John Pritzker, purchased a majority stake in Joie de Vivre Hospitality with plans to expand the brand beyond its California portfolio. The following year, Geolo Capital and New York's Pomeranc family merged their hospitality interests to form Commune Hotels & Resorts. The resulting merger combined thirty-three boutique hotels operated by Joie de Vivre Hospitality with the twelve luxury Thompson Hotels to form an international collection of lifestyle properties. Since the formation of Commune Hotels & Resorts, the company has announced its acquisition of and/or management of the iconic 5 Beekman in New York's financial district, Chicago's historic Chicago Athletic Association, Thompson Chicago (formerly Sutton Place Hotel), Thompson Ocean Drive (formerly the Hotel Victor) and Epiphany in Palo Alto, California, among others. www.communehotels.com

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Contact:

Jennifer Foley Shields
VP of Communications and Special Projects
Commune Hotels & Resorts
+1-212-204-6493
jfoley@thompsonhotels.com
www.communehotels.com


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Also See: GB Lodging LLC Acquires Historic 5 Beekman Street in New York City; To Be Transformed into a 297-room Thompson Boutique Hotel Operated by Commune Hotels & Resorts / March 2012

JT Hospitality Rebrands to Commune Hotels; Represents the Merger of Thompson Hotels and Joie de Vivre / February 2012

Joie de Vivre Hospitality and Thompson Hotels Merge to Create Multi-Brand Lifestyle Hotel Group Poised for Global Growth / October 2011

Thompson Hotels Adds Hotel Victor in Miami Beach, Florida to its Portfolio; To Launch Multi-Million Dollar Renovation and Rebrand Property as the Thompson Ocean Drive / September 2011

Chip Conley, Founder and Executive Chairman of Joie de Vivre, will Receive the 2012 International Society of Hospitality Consultants (ISHC) Pioneer Award / August 2011

Joie De Vivre Hotels to Open its First Hotel in Chicago with the February 2012 Planned Opening of the 184-room Hotel Lincoln / August 2011

Joie De Vivre Hotels Unveils Re-Imagined Custom Hotel at LAX in California with Retro-Chic Details and Unique Services / August 2011

Joie de Vivre Hospitality Appoints Gary Beasley CEO; Founder Chip Conley Elevates to Executive Chairman / September 2010

Kathleen Taylor, President and CEO of Four Seasons Hotels and Resorts, Will Receive the 2011 International Society of Hospitality Consultants Pioneer Award / September 2010

The Harilela Group Joint Ventures with Thompson Hotels on the 85-room Belgraves in London Set to Open in 2011 / June 2010

John Pritzker's Geolo Capital Taking a Majority Stake in Joie de Vivre's Business, Exptects to Fund the Brand's Expansion Outside of California; Chip Conley Remains Actively Involved as CEO / June 2010

Leland C. Pillsbury Receives ISHC Pioneer Award; Pillsbury's Accomplishments Range from Launching New Hotel Brands, to Pioneering Revenue and Yield Management Systems, to Creating a Global Internet Marketing Company / February 2010

Chip Conley, Founder of Joie de Vivre Hotels, Has Built Empire by Working to Make People Happy / August 2009
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