We scrutinize hospitality assets from every conceivable angle and bring to bear ‘boots on the ground’ experience in every relevant circumstance. Our extensive scope includes almost every destination, domestic brand and property type encompassing urban hotels, conference centers, university-owned hotels, “big box” convention hotels and resorts in the United States and the Caribbean. This uncommon perspective has created our differentiation from competitors and has lead to exceptional results.
Chief Executive Officer
Rick Kelleher is one of the hospitality industry’s most dynamic and
accomplished executives. For over 30 years he has built and led strong,
diverse teams in the development and management of leading hotel
In 1983, following an early career in consulting, Mr. Kelleher co-founded Beacon Hotel Corporation, a Boston-based hotel development and management firm that grew to 40 hotels in four years. He directed the company’s growth from its acquisition of Guest Quarters Suite Hotels and Pickett Suite Hotels to the acquisition of Doubletree Hotels Corporation. The newly formed company was renamed Doubletree Hotels Corporation, and Mr. Kelleher was named president and CEO.
Subsequently, Doubletree merged with the Promus Hotel Corporation and managed the following brands: Embassy Suites, Red Lion Hotels, Hampton Inn, Hampton Inn and Suites, Club Hotels by Doubletree, Homewood Suites, Harrison Conference Centers and RFS Hotels. Mr. Kelleher was the President and COO of the merged company. Under his leadership Promus expanded to 1,250 properties, including the acquisition of over $5 billion in hotel companies and real estate. At Promus, Mr. Kelleher and his senior team raised over $7 billion in debt and over $700 million through equity offerings.
In 1999, Mr. Kelleher returned to Boston to form Pyramid Hotel Group. In 2007, he served as Chairman of the Legacy Hotel REIT, the largest Canadian hotel REIT, where he led the sale of the company for $2.5 billion, at a 20% premium for the shareholders.
Chief Operating Officer
Jim Dina brings more than 25 years of hospitality
management to his position as Pyramid’s Chief Operating
Officer. His accomplishments include the leadership of two
company mergers, and the brand conversion and management
transition of more than 200 hotels.
Mr. Dina began his hospitality career in Food and Beverage with the Sheraton and Westin Hotel corporations. In 1988 he joined Guest Quarters Suites Hotels which later merged with DoubleTree Hotels. As part of DoubleTree, Mr. Dina transitioned to operations and quickly rose through the ranks from Hotel General Manager, to Regional Director and to Corporate Vice President of New Business Transitions. In 1998 he led the merger integration of the Promus and the DoubleTree Hotels Corporations and became the Vice President of Pacific Northwest Operations. In 1999 he was appointed Chief Operating Officer of Red Lion Hotels.
In 2001, Mr. Dina joined his colleagues, Rick Kelleher and Warren Fields, at Pyramid Hotel Group.
Chief Investment Officer
Warren Fields is a senior executive with over two decades of
experience in all facets of hospitality finance, acquisitions, and
operations. As Chief Investment Officer and founding partner
of Pyramid, Mr. Fields has overseen the growth of Pyramid’s
portfolio to over 70 hotels through development, acquisitions,
third-party management and asset management for over 11
years. He is responsible for all aspects of business development,
fundraising, acquisitions, and new investment opportunities.
He is the former vice president of development and operations of Promus Hotel Corporation, which was sold to Hilton Hotel Corporation in 1999. At Promus he formulated and implemented a strategy for creating a new hotel brand for the company which eventually sized to 30 properties.
Mr. Fields began his career with Beacon Hotel Corporation, a predecessor company to Promus, where he served as Vice President of Development for Guest Quarters Hotels, and later Doubletree. He returned to Boston in 1999 to form Pyramid Hotel Group.
Chief Financial Officer
Chris Devine joined the Company in 2007 and is responsible for overseeing all Pyramid’s finance, accounting, tax, reporting, treasury, risk management, information technology and legal/compliance functions. He has extensive experience in mergers and acquisitions, loan restructuring and working on equity and debt offerings for publicly-traded REIT’s. Chris previously spent nine years in public accounting working exclusively with real estate and hospitality companies. He was most recently a Senior Manager in the real estate group at PwC. He is a Certified Public Accountant in Massachusetts.
Senior Vice President, Resorts & Asset Management
David Newhart came to Pyramid Hotel Group with 35 years of hospitality experience, including senior level positions in operations and finance. At DoubleTree Hotels he worked as Vice President and Hotel Operations Comptroller and Regional Vice President of Operations. For the last ten years Mr. Newhart was General Manager of Philadelphia’s Hilton Inn at Penn which he opened and successfully ran as a AAA Four Diamond property.
Senior Vice President, Asset Management
Green rejoins Pyramid after a 5-year stint with Wyndham Hotel Group where he led the Wyndham Hotels and Resorts brand and Wyndham Hotel Group Management. Previously he was responsible for half of Pyramid Hotel Group’s owned and managed operations. His 30-plus year career includes operations and brand leadership roles at all tiers of the industry. Green will be responsible for identifying new asset management and advisory business for the company. He will also be engaged with owner relations for both new and existing clients.
Senior Vice President, Sales and Marketing Resorts & Asset Management
Alan Bednowitz is an accomplished sales and marketing executive with a track record of success at both the property- and corporate-level of hospitality organizations in a variety of revenue generation focused leadership roles. For more than a decade he was affiliated with Promus Hotel Corporation (and its predecessor companies- Beacon Hotel Group, Guest Quarters Suite Hotels and DoubleTree Hotels). Prior to joining Pyramid Hotel Group, Mr. Bednowitz was vice president, sales and relationship management for StarCite, Inc., a meeting industry technology start-up company.
Senior Vice President, Financial Analysis
Jack Levy has extensive expertise in the analysis and structuring of complex financial transactions in the hotel, real estate and leisure industries. He is the former Executive Vice President, Treasurer, with Pebble Beach Company and former Senior Vice President, Mergers and Acquisitions with Promus Hotel Company, DoubleTree Hotels Corporation and The Beacon Companies of Boston.
Vice President, Food & Beverage
Doug joined the Pyramid team in September 2006 and now serves as a Vice President of Food & Beverage. Before joining Pyramid, he held corporate F&B positions with Hilton and ITT Sheraton as well as GM positions with Hilton, Starwood, Griffin Hotels, and TPG Hotels. A Findlay, OH native, Doug is a graduate of Michigan State University's School of Hotel & Restaurant Management.
Vice President, Asset Management
Bill Sinclair has over 30 years of hotel experience and leading teams in the United States, Asia and Australia. He has been a General Manager, Vice President of Operations and Vice President Development throughout his career with DoubleTree and Promus Hotels. He served as the Executive Vice President and Managing Director for Radisson Hotels Worldwide, Asia Pacific, and was responsible for managing the Sydney based company with 17 hotels in 5 countries. In addition, he served as Senior Vice President of Sales and Operations and Executive Vice President Business Development at ZipRealty Inc.
Director of Asset Management
Dan Walsh joined Pyramid Hotel Group in 2007 as the Senior Financial Analyst for the Asset Management team and was promoted to Director of Asset Management in 2009. Prior to Pyramid, Dan held positions in both corporate finance and real estate for Brown Brothers Harriman and Fidelity Investments. Dan responsibilities include hotel performance analysis, financial modeling/valuation and ownership reporting for the Asset Management team.