Services




“Our responsibility to every client is taken seriously, personally, with passion and energy. No opportunity is too small for our notice or too large for our capabilities. We absolutely will add enterprise value to your asset. Period.”

Richard M. Kelleher
Chairman and CEO


Our Services


ASSET MANAGEMENT

Full cycle (acquisition to disposition) service

Underwriting & due diligence

Project & Concept Development

Entitlement process

Real Estate & property tax appeals

Insurance & Risk Management

Valuation Services/ROI Analysis

Asset strategy and positioning/re-positioning

Brand analysis & selection

Financial and Operations Review

Troubled asset deep dive diagnostic and solutions

Positioning & differentiation strategy

Turnarounds/a la carte problem solving

Purchasing & procurement

E-Commerce strategies

Revenue & Yield Management

Membership analysis/development of new programs

Golf management

Spa management

Restaurant and bar concept & development

Labor management

Energy management

Parking management






Accomplishments

Note: Due to ongoing confidentiality agreements properties are not identified. We are happy to discuss any of these items in confidential conversations with prospective clients.

∙Identified then led negotiations to close on new business worth a minimum of $20M in incremental room revenue at a resort

∙Identified an opportunity to develop a resort membership program that launched in May, 2009 and to date (thru 2013) has generated $8.3M in non-refundable initiation deposits, membership dues stream and resort ancillary spend (similar membership program then replicated at another property)

∙We directed the collection of $2.1M in sewer hook-up deposits from 2006 from a local water district

∙At our direction, a resort implemented a new resort fee that created $1.3M in revenue in 2012 and $1.2M in 2013

∙Due to Pyramid’s preferred relationship with Avendra we reduced purchasing costs at multiple properties by 7%

∙Pyramid senior management was instrumental in securing the Humana Challenge golf tournament in cooperation with The Clinton Foundation

∙Our programming initiative and direction resulted in a resort’s 20 point lift in Transient RevPAR

∙Project Management conceived, designed and developed a resort Royal Suite specifically for diplomatic, royal family and celebrity markets; results thru 2013 (inception was 2011) the suite has generated $1.6M in room sales with an ADR of $6114.

∙Pyramid assisted a broker in positioning and selling an asset; value of property at assignment was $12.5M; value on sale price was $19.5M

∙Pyramid initiative and execution brought an LPGA golf tournament to a resort in 2011; a new five-year agreement was signed in 2014 to keep the tournament at the property.

∙Under Pyramid’s guidance, resort grew Transient sales by $1.1M YOY

∙Project management has completed guest room and total hotel and resort renovation projects totaling $900MM in capital improvements since 2005

∙Pyramid has managed and gained entitlements at virtually every hotel and resort under asset management

∙Pyramid Project Management created concepts and development of six new resort restaurants