Hamilton Hotels And Pyramid Hotels Agree To Merge

The Boards of Hamilton Hotel Partners (“Hamilton” or “the Firm”), an independent London-based hotel management and investment firm, and Pyramid Hotel (“Pyramid” or “the Group”), a privately-owned full-service hotel and resort company based in Boston announced on Thursday, February 6, that they have completed a transaction that involves the merger of the two businesses.

The merger will create an international group that will manage or asset manage a total of 141 hotels with 32,000 rooms across 8 countries, and £5.3 billion of assets under management.

Hamilton is an independent hotel management and advisory firm based in London covering Europe, Middle East, and Africa. The Firm specialises in helping hotel owners maximise their returns on capital, providing co-investment, hotel management, hotel asset management, and acquisition and development advisory services to a range of hotel investors and owners including private equity funds, institutional real estate investors, family offices, and sovereign wealth funds. Hamilton currently operates or asset manages over 50 hotels across Europe.

Full Content: Hospitality Net

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