Thayer Ventures will be the successor of Quest Hospitality Ventures and focus on sponsoring investment funds to invest in emerging technology companies in the global hospitality industry.
Thayer Lodging Group, a value-added hotel investment company, and Quest Hospitality Ventures, a venture capital firm investing in hospitality technology companies and affiliated with lodging equipment supplier Quest Hospitality, have agreed to form a new corporate venturing firm.
Thayer Ventures will be the successor of Quest Hospitality Ventures and focus on sponsoring investment funds to invest in emerging technology companies in the global hospitality industry.
Along with approximately 75 other limited partners from the hospitality industry, the principals of…