Thatch was a newer tiki bar; it opened in northeast Portland in January 2007. It featured a sunken bar, booths rescued from a nearby original Armet & Davis Denny's, lots of bamboo, and of course, thatch. Some of the tiki decor came from the nearby Jasmine Tree, which in turn got its decor from the Portland Kon-Tiki when it closed.

Thatch closed in late spring 2012, and reopened in late August 2012 under new ownership as Hale Pele.