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Pyramid Hotel Group history
Pyramid Hotel Group company history timeline
1999 Forms Pyramid Hotel Group (PHG); develops 3 Residence Inns for approximately $100 Million; manages assets for $800 million in hotel properties
2001 Forms Pyramid Project Management; completes $750M in renovation projects
PHG forms and invests first fund with 9 Hotels and 3,485 rooms at closing 2005: PHG invests in second fund with 15 hotels and 3,989 rooms at closing
2006 PHG invests in third fund with 14 hotels and 4,613 rooms at closing
2007 PHG and Morgan Stanley acquire CNL Hotels and Resorts; acquisition includes the divestiture of 51 hotels and ownership/asset management of 8 world-class resorts
2008 Boston Harbor Hotel achieves a 5-star Mobil Travel Guide rating through the efforts of PHG management and its associates
2009 Pyramid provides services to special servicers and lenders in multiple engagements
2010 Adds 19 properties to management portfolio in 2010 alone;. performs 24 assignments for Special Servicers and Lenders, encompassing 160 hotels and more than 28,000 rooms; expands outside the continental US into Hawaii
Establishes a presence in Europe with three hotels in Ireland and England; by the end of 2011, Pyramid owns, manages, and/or asset manages a portfolio of 78 hotels in the United States, Caribbean, Ireland, and the United Kingdom
2011 Grows internationally with the addition of the Westin Casaurina Resort & Spa in Grand Cayman; launches Pyramid’s Resort Operations Division to manage our portfolio of resort properties
2016 Pyramid acquires Winegardner & Hammons Hotel Group, significantly enhancing distribution and talent in the mid-US states, and significantly adding to the company’s development capabilities; Pyramid ends year at 96 hotels
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Pyramid Hotel Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Lodgian, Inc. | 1956 | $280.0M | 3,046 | - |
| Prime Hospitality Corp. | 1968 | $4.3M | 50 | - |
| Columbus Hospitality Management | 1998 | $8.1M | 3,000 | 122 |
| Sage Hospitality | 1984 | $2.0M | 125 | 220 |
| Highgate Hotels | 1988 | $84.0M | 968 | 1,169 |
| Warwick International Hotels | 1980 | $630,000 | 10,000 | 34 |
| Interstate Hotels LLC | 1998 | - | 12,500 | - |
| Horizon Hotels | 1976 | $66.0M | 750 | - |
| Remington Hotels | 1992 | $360.0M | 3,318 | 449 |
| The Dow Hotel Company | 1997 | $280.0M | 3,000 | - |
Pyramid Hotel Group history FAQs
Zippia gives an in-depth look into the details of Pyramid Hotel Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Pyramid Hotel Group. The employee data is based on information from people who have self-reported their past or current employments at Pyramid Hotel Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Pyramid Hotel Group. The data presented on this page does not represent the view of Pyramid Hotel Group and its employees or that of Zippia.
Pyramid Hotel Group may also be known as or be related to PYRAMID ADVISORS LLC, Pyramid Advisors Limited Partnership and Pyramid Hotel Group.