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Thayer Ventures Announces Leland Pillsbury as Managing Director, Launches Its Third Fund Targeting Innovation in Travel Technology

Thayer Ventures | January 11, 2017

San Francisco, January 11, 2017 – Thayer Ventures, the only venture capital firm focused specifically on innovation in travel technology, announced the appointment of Leland "Lee" Pillsbury as Managing Director, and launched its third investment fund, targeted to raise $100 million to invest in disruptive companies in the $10 trillion global travel and hospitality industry. Pillsbury is co-founder and co-chairman of Thayer Lodging Group, a Brookfield Company; founder of the Pillsbury Institute for Hospitality Entrepreneurship at the Cornell School of Hospitality Administration; Chairman of the Board of Interstate Hotels and founde...

Interstate Hotels & Resorts Acquired by Kohlberg & Company from Thayer Lodging and Jin Jiang International Hotels

Interstate Hotels & Resorts | May 4, 2016

ARLINGTON, Va. / NEW YORK, N.Y. May 4, 2016 – Interstate Hotels & Resorts ("Interstate" or the "Company"), the global leader in third party hotel management, and Kohlberg & Company LLC ("Kohlberg"), a leading private equity firm headquartered in New York, today announced that Kohlberg has acquired Interstate from Thayer Lodging and Jin Jiang International Hotels. The transaction provides Interstate with a new strategic partner and positions the Company to enrich its value proposition in the hotel and hospitality industry, with enhanced global relationships and access to capital resources benefiting its third party manageme...

Hilton Los Cabos Beach & Golf Resort Reopens its Doors Following a Multi-Million Dollar Renovation

Hilton Los Cabos Beach & Resort | July 6, 2015

LOS CABOS, Mexico - July 6, 2015 - Hilton Worldwide (NYSE: HLT), in partnership with MetLife, Inc. and Thayer Lodging Group, is pleased to announce the official reopening of Hilton Los Cabos Beach & Golf Resort in Los Cabos, Mexico, debuting phase one renovations following a multi-million dollar transformation. Hilton Los Cabos proudly returns as a refined beachfront resort experience, featuring reimagined culinary concepts, 65 new Club-level suites, a 7,000-square-foot spa and salon, and additional enhancements and upgrades property-wide. "A beloved seaside retreat for more than a decade, we are proud to reopen our doors with a far...

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