Benchmark Pyramid boosts management portfolio by 34 hotels

Friday, Nov 19, 2021 0

Benchmark Pyramid has added 34 hotels to its management portfolio in the past few months, as it sees a surge in demand across both acquisitions and new management contracts.

The new properties in the U.S. include both select- and full-service brands by Marriott, Hilton and IHG, and range in location from Michigan to Texas.

In Europe, additions to the portfolio have included three English properties: Staverton Estate in Daventry, Yotel in Manchester, and London EDITION in the capital.

Benchmark Pyramid has also taken on new assignments in Spain’s Mallorca, Ibiza and Barcelona for an additional 12 hotels.

It brings Benchmark Pyramid’s worldwide portfolio to more than 230 properties in the U.S., Caribbean and Europe.

Benchmark Pyramid also continues to grow its receivership platform with institutional special servicers and lenders, and being selected for new receivership assignments for both full- and select-service properties in Texas, New York, Pennsylvania, Michigan and Florida.

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TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.


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