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Hotel Equities adds Pinnacle Hotel Group properties to management portfolio [Yahoo! Finance]
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Arkansas-based Pinnacle Hotel Group's portfolio and development pipeline will be integrated into Hotel Equities' management platform as part of a strategic partnership between the two companies, according to a Hotel Equities release obtained by Hotel Dive. Effective May 1, 12 Pinnacle-owned properties under brands by Marriott International, Hilton and IHG Hotels & Resorts will be added to Hotel Equities' management portfolio. The strategic partnership builds on a relationship established through the recently opened AC Hotel by Marriott Kansas City Downtown, which Pinnacle owns and Hotel Equities manages. Going forward, the partnership is intended to further strengthen both companies' “growth and expansion efforts,” according to the release. Hotel Equities will use Pinnacle's added support and resources to drive performance, enhance guest experiences and optimize operational efficiencies, according to the announcement. Pinnacle, meanwhile, will tap into Hotel Equities' scale, re
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