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Alan Bednowitz Named VP, Sales and Marketing
for Pyramid Hotel Group's 38 Owned,
Managed and Asset-managed Hotels

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BOSTON, Mass., September 1, 2004 — Pyramid Advisors LLC (Pyramid), a full-service, Boston-based development, management and advisory firm, serving clients in all phases of the hospitality industry, today announced the appointment of Alan Bednowitz as vice president, sales and marketing.  In his new position, he will be responsible for leading the sales and marketing initiatives at the company’s 38 owned, managed and asset-managed hotels. 
 
“Top-line revenue generation is the cornerstone of sustainable profitability,” said Jim Dina, principal and chief operating officer of Pyramid Advisors.  “Alan’s marketing and sales experience adds substantial bench strength to our management team.  He has special expertise in the meetings and convention segments, which matches up well with many of our properties and will provide them with a competitive edge as the industry emerges from the recent three-year downturn.  His goal will be to ensure that our hotels consistently 
Alan Bednowitz
outperform their competitive sets.” 

Bednowitz joins Pyramid Advisors with more than 20 years experience in hospitality industry marketing.   Prior to joining the company, he was vice president of sales for Starcite, Inc., a leading corporate and meeting technology solution provider. Previously, he was senior director of national sales for Promus Hotels Corp.   Bednowitz rose through the ranks at Doubletree Hotels Corp., which merged with Promus.  He began as director of marketing for several properties in Philadelphia and New York City, before being promoted to oversee national sales for the company's multiple hotel brands.  In addition, he served in a variety of sales and marketing positions for Guest Quarters Suite Hotels and as director of sales for a number of hotels managed by the Peabody Hotel Group.

Bednowitz holds a Bachelors of Business Administration degree from Adelphi University.  In addition, he is an active member of a number of different professional organizations and groups, including the National Business Travelers Association (NBTA), the Philadelphia Business Travelers Association (BTA), and the Association for Corporate Travel Executives (ACTE) and the Meeting Professionals International (MPI).  Bednowitz is a current member of the Groups and Meetings Committee of the NBTA and is a former chairman of the Philadelphia BTA.  He is a recognized industry expert in meeting and convention marketing and has presented several webinars on behalf of ACTE on the subject of “Meetings Consolidation in Fortune 1,000 Companies.”

Pyramid Advisors LLC, founded in 1999, is a full-service hotel company that owns, manages and asset manages hotels and manages hotel construction/renovation projects. Pyramid Advisors currently has a portfolio of 38 hotels under management and asset management throughout the U.S. 


 
Contact:
Pyramid Advisors LLC
www.pyramidadvisors.com
Also See: HBE Corporation Sells Eight Adam’s Mark Hotels for $236 million to Pyramid Advisors/Morgan Stanley Joint Venture / January 2004
The Antlers Hotel Preparing for Brand Change; Miguel Martin Appointed Food and Beverage Director / June 2004


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