Pyramid Hotel Group Company History Timeline

1999

1999 Forms Pyramid Hotel Group PHG develops 3 Residence Inns for approximately 100 Million manages assets for 800 million in hotel properties.

2001

2001 Forms Pyramid Project Management completes 750M in renovation projects.

2005

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

2006 PHG invests in third fund with 14 hotels and 4,613 rooms at closing.

2007

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

2008 Boston Harbor Hotel achieves a 5-star Mobil Travel Guide rating through the efforts of PHG management and its associates.

2009

2009 Pyramid provides services to special servicers and lenders in multiple engagements.

2010

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.

2011

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

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.

Founded
1999
Company Founded
Headquarters
Boston, MA
Company Headquarter

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