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Experience
Pyramid's Partners have worked together for over 20
years to acquire, operate and re-brand hotels.
In the process, they have merged companies, built brands, and delivered exceptional financial results.
1980s
- 1983 Pyramid Hotel Group forms Beacon Hospitality Group
- Purchased Guest Quarters Suite Hotels and grew to 40 hotels
1990s
- 1993 Acquired Doubletree Hotels resulting in a combined company of 120 hotels
- 1994 Successfully executed an IPO for Doubletree hotel Corporation
- 1996 Doubletree completed the acquisition of Red Lion Hotels for over $1.2 billion
- 1998 Doubletree Merged with Promus Hotel Corporation resulting in a company with 1,250 hotels
- 1999 Pyramid Hotel Group LLC formed to develop, manage and acquire hotels
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