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TMC Hospitality’s Bates follows new crowds

Disruption has been the way forward for the past decade for many a maverick in the hotel world, and young entrepreneur Philip Bates’ participation certainly follows that playbook. Bates’ offshoot of real estate investor and developer TMC Group is called TMC Hospitality, which launched in 2016 with two new brands, Bode and Drift. The group has additionally invested in and/or managed more than US$200 million of hospitality projects. At the moment, TMC Hospitality has invested in four of its hotels and fully owns two. It has also signed two letters of intent for pure management contracts. Bode, with two existing…
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