Geolo Capital, the equity fund run by Commune Hotels Resorts principal John Pritzker, has acquired a stake in Singapore-based Alila Hotels Resorts.
Alila operates 10 boutique hotels under the Allia and Allia Villas brands across the Asia-Pacific region. Alila has a development pipeline of 15 properties.
“Our intent is to cross-promote Commune and Alila to both domestic and international travellers and to enhance each company’s global presence,” Pritzker said.
Commune is developing its Tommie Hotels brand, geared towards younger travelers.
Commune Hotels forms partnership with Singapore company