Azul Hospitality Group and Pinnacle Hotels USA Enter Agreement for Management of Eight Pinnacle Owned Hotels
Azul Hospitality Group (Azul) and Pinnacle Hotels USA (Pinnacle) announced they have entered into an agreement for Azul to manage eight Pinnacle properties under a long-term contract.
The eight Pinnacle properties, totaling over 1,600 rooms, are strategically located throughout the western United States and include: the Hyatt Regency North Dallas, Dallas, Texas; Marriott Riverside at the Convention Center, Riverside, California; Four Points by Sheraton San Diego Downtown, San Diego, California; Courtyard by Marriott Del Mar/Solana Beach, Solana Beach, California; Doubletree by Hilton Austin University/Downtown Area, Austin, Texas; Doubletree by Hilton Austin Northwest Arboretum, Austin, Texas; Comfort Inn & Suites San Diego - Zoo/ SeaWorld Area, San Diego, California; and Days Inn Encinitas Moonlight Beach, Encinitas, California.
“Azul uses a hands-on and passionate operating approach very similar to Pinnacle and will work with us as partners ensuring the success of the hotels. They provide significant expertise particularly in the areas of sales and food & beverage and will add great value to areas of operations that need improvement,” said Dr. Barry Lall, President, and CEO of Pinnacle Hotels USA. “We have had a remarkable journey all of these years as an operator, but it is time for me to step aside and put our hotels in the most capable hands.”
“Azul's success is due primarily to our strategic partnerships, and we are pleased to be forging one with Pinnacle,” said Rick Mansur, President, and CEO of Azul Hospitality Group. “We are impressed with what Dr. Barry Lall and the Pinnacle team have accomplished in building this portfolio of hotels. Azul is committed to contributing to their future success in ensuring that the Pinnacle assets are operated in a manner that maximizes their potential. We also look forward to providing additional industry expertise to assist Pinnacle in expanding their hotel portfolio.”
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
