Thayer International - About Thayer - 美国德尔国际集团

Thayer International Group

Thayer International Group was founded in 2005 by the senior executives of Thayer Lodging Group as its international investment arm. Thayer’s leadership has led, managed and advised over $25 billion hospitality transactions including some of the landmark deals such as the first time in corporate China history to privatize of NYSE listed company Interstate Hotels and Resorts – the largest third-party independent hotel operator; buyout of 2nd largest European hotel group with 1200 owned, managed, franchised properties—the Louvre Hotels Group; and advised Jinjiang International Holding Group’s investment in Accor hotel group to become its largest shareholder; buyout of Plateno Hotels Group’s 3500 hotels andVienna Hotels Group’s 500 hotels.

Thayer also founded some of the industry benchmark ventures including China’s first and largest hotel central reservation system HUBS1, China’s last-minute hotel inventory distribution app HotelTonight; and TIG Global the US hotel marketing and interactive advertisement platform, etc. In China, we created an unparalleled track record through our several joint ventures with Jinjiang International Holding Group—in areas of marketing, distribution, branding, asset management and investment – successfully built Jinjiang from a less-than-100 hotels, two brands hotel group to a 6500-hotel, 20-brand, global power house over 10-year period of time – a milestone achievement that we are very proud of.

Thayer Lodging Group—founded by former special assistant to the President, director of white house personnel, president of Northwest Airlines Fred V. Malek and industry legend, former Marriott executive vice president and Corporate Officer Lee C. Pillsbury in 1991. Thayer achieved an IRR of 29.2% track record over its 7 funds in the 25-year history, became one of the leading private equity institutes in the US. Together with Thayer Capital Partners, Thayer’s leadership led some of the landmark transactions including the acquisition of the Ritz-Carlton Hotel Company, buyout of Northwest Airlines, CB Richard Ellis, etc. In 2014, Thayer Lodging Group was merged into the Brookfield Asset Management (NYSE:BAM)—an AUM of $800 billion real asset investment manager.

Thayer International

Milestone

2022

The co-founders of Thayer International, Lee Pillsbury and D.Teddy Zhang attended the Centennial Celebrations of Cornell University School of Hotel Management in the United States and China respectively and delivered speeches at the forum

Thayer International Group won the 2022 Investment Organization ESG Award at the 14th Asia Hotel Forum China 7th Real Estate Securitization Summit "Frontier Award" ceromony, recognizing its outstanding efforts at the forefront of ESG within real estate investing, and to provide the industry with examples of best practices in ESG, The Summit also honors D. Teddy Zhang, co-founder and managing partner of Thayer International the Global Hospitality Pioneer Award that recognizes his outstanding contribution, achievement and innovation in the hospitality industry and his dedication in succssfully leading the globalization of the China hotel industry.

2021

Thayer International establishes Thayer International Asia Pacific Headquarters in Singapore

Thayer International formed Thayer (Shanghai) Hotel Management Co., Ltd.

2019

Thayer International Initiates the investment plan in Yangyun Jingmai Mountain, Pu'er Yunnan - a 6.67-square-kilometer world heritage ancient tea plantation site including one million state-of-the-art high-tech tea cellar, a tea museum, an Aman Resort and GHM hotel, etc. projecting total investment $2.3 billion
Thayer International invests in Z-Capital -- one of the premier venture capital firms in China focusing on consumer, TMT sector
Thayer Internationl co-founder, managing director of Thayer Ventures Lee Pillsbury received life time achievement award as the recipient of the Albert E. Koehl Award for Hospitality Marketing

2018

Mr. D. Teddy Zhang Thayer International Global Managing Director was recognized as one of the 40 people by the Asian Hotel Forum in commemoraing the 40^th anniversary of Reform and Opening-up policy --China's hotel industry “40 years 40 people”,

2017

Thayer Jinjiang sold 6 assets held in the United States for 7 years achieved gross IRR 32.8% investment return

Hilton Columbia, Maryland, Hilton Louisville, TN, Westin Atlanta, Hilton Concord, CA, Hilton Durham, NC, and Hilton Arlington, VA

2016

Thayer International advised Jin Jiang in the Acquisition of China Plateno Hotel Group, a 3500-hotel group, and its post-transaction integration plan

Thayer and Jinjiang's joint venture Hotel Acquisition Copmany (HAC) sold Interstate Hotels Group to Kolhberg & Company managed Fund

2015

Thayer International and Jin Jiang International acquired the Louvre Hotels Group, the second largest hotel group in Europe, from Starwood Capital. The Louvre Hotels Group owns, manages and franchises a total of 1,250 hotels covering over 40 countries

Mr. D. Teddy Zhang, Global Managing Director of Thayer International selected as the one of Top 10 CEOs by the Asia Hotel Forum

2014

Thayer Jinjiang's Interstate Hotels and Resorts Management Company acquires a US third-party independent hotel management company:

RIM Hospitality --A leading independent hotel management company in North America

2013

Thayer Jinjiang's Interstate Hotels and Resorts Management Company acquires a UK third-party independent hotel management company:

Sanguine Hospitality Limited -- the management platform of the liverpool based hospotality development and ownership company

Chardon Management Limited -- A highly respected independent management in the United Kingdom

2011

Thayer International, Interstate Hotels and Resorts and Jin Jiang International Hotel Group established China's first third-party hotel management company, Interstate Hotels Management Company China to manage Hilton's first franchise hotel in China -- Double Tree by Hilton

Thayer International, Interstate Hotels Management Company China, Jin Jiang established the Shanghai Center J Hotel Brand Committee, and the company's Managing Director Mr. D. Teddy Zhang as the Co-Chairman

Mr. D. Teddy Zhang, Managing Director of Thayer International, was nominated as an independent director by Jin Jiang International Hotel Group

Thayer International, Jin Jiang International Hotel Management Co., Ltd., and Interstate Hotels & Resorts Group acquired:

The Summit Group -- the mangement platform of the 65 hotels owned by Summit Properties, Inc, recently closed IPO (NYSE:INN) for the newly formed REITs

Alliance Hospitality Management -- A strategic alliance with Florida-based Hospitalty Funding, assiting Interstate clients with their capital market needs and hotel projects

Noble Management Group -- the hotel management division of the Nobal Investment Group, a portfolio of 51 hotels with 9038 rooms

Thayer International and Shanghai Jinjiang Thayer Equity Investment Management Co., Ltd. jointly established Shanghai Marvel Hotel Management Development Co., Ltd., which is committed to develop Jinjiang mid-range hotel brands.

Thayer Lodging Group co-founder and co-chariman Fred V. Malek appointed by President George W. Bush to the Board of Visitors of the U.S. Military Academy at West Point in 2008 and became the chairman of the Board in 2011

2010

HUBS1, China's first and largest next-gen global hotel distribution system, was selected by the American "Red Herring" as the Global Top 100 private enterprises in advancing the technology potentials to change people’s future life

HUBS1 selected as the exclusive official hotel reservation platform for World Expo 2010 serviing 70 million visitors's hotel booking over 6-month period

Thayer Lodging Group and Thayer International Group co-founder Lee Pillsbury received the 2010 Pioneer Award from the International Society of Hospitality Consultants, recognizing his dynamic contributions in the hospitality industry.

Thayer and Jin Jiang formed Hotel Acquisition Company (HAC), privatized NYSE-listed company, the world's largest third-party hotel management company - Interstate Hotels Group (NYSE: IHR)

Mr. D. Teddy Zhang, managing partner of Thayer International Group, the Founder, Chairman and CEO of HUBS1, was named China‘s Top 10 Outstanding CEOs by the 4^th China CEO Forum of China Times

Shaun Gao, co-founder of HUBS1, won the Individual Award for Outstanding Contribution issued by the 2010 Shanghai World Expo Organizing Committee

Shanghai Jinjiang Thayer Equity Investment Management Co., Ltd. was established, with D. Teddy Zhang as Managing Director and CEO

Thayer International, Jin Jiang International Hotel Management Co., Ltd., and Interstate Hotels & Resorts Group formed Interstate (China) Hotels & Resorts Co., Ltd.

2009

HUBS1 selected by the American "Red Herring" as the Asia Top 100 private enterprises for its achievement in advancing the technology potentials to change people’s future life

Managing partner of Thayer International, Founder, Chairman and CEO of HUBS1 Mr. D. Teddy Zhang recognized as one of 60 people by China Daily in its Special Edition "60 Years, 60 People, 60 Stories " -- commemorating 60^th anniversary of the establishment of the People's Republic of China

Thayer International co-founder, Thayer Interactive Group (TIG Global) co-founder and CEO, Fred Malek and co-founder, president Trip Schneck to be honored as Hospitality Innovators of the Year by Cornell's Pillsbury Institute for Hospitality Entrepreneurship

2008

HUBS1 established China's first new generation GDS (Global Distribution System)

2007

Thayer International and its JV completes the establishment of the first next-gen China hotel group Central Reservation system (CRS) named Jrez for Jinjiang International Hotels Group

HUBS1 selected as the exclusive official hotel reservation service provider for 2007 Shanghai Special Olympics

2006

Thayer International and Jin Jiang co-founded HUBS1;

HUBS1 built China‘s first hotel group CRS (Central Reservation System) for Jin Jiang International Hotels Group

Leland and Mary Pillsbury announce plans to donate $15 million to the Cornell Hotel School

2005

Thayer International Group Founded By Thayer Lodging Group leadership Fred V. Malek, Lee C.. Pillsbury, D. Teddy Zhang, and Fred W. Malek

Thayer International and Jin Jiang International Holding Group formed joint venture Thayer Jinjiang Interactive Co., Ltd.