Benchmark Pyramid has added 34 hotels to its management portfolio in recent months, with the company reporting “a surge of demand” across all areas of its business in both acquisitions and new management contracts.
The new properties in the U.S. include both select- and full-service brands by Marriott International, Hilton and IHG Hotels & Resorts, and range 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 also has taken on new assignments in Spain’s Mallorca, Ibiza and Barcelona for an additional 12 hotels.
Benchmark Pyramid’s worldwide portfolio now includes more than 230 properties in the U.S., the Caribbean and Europe.
Benchmark Pyramid also continues to grow its receivership platform with institutional special servicers and lenders, and has been selected for new receivership assignments for both full- and select-service properties in Texas, New York, Pennsylvania, Michigan and Florida.