US-based hospitality management company Pyramid Global Hospitality has taken over management of the Wayfinder Newport hotel in Newport, Rhode Island

Pyramid Global continues a long-standing association with the property owner Dovetail + Co and also notes that it has immediate plans to refurbish and revitalise the 197-key property.

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Pyramid Global Hospitality chief investment officer Chris Devine said: “We are pleased to welcome the Wayfinder Newport to Pyramid Global’s Luxury and Lifestyle collection of world-renowned properties and to extend our footprint into the beautiful state of Rhode Island.

“We look forward to partnering with the fantastic team at Dovetail + Co to reinvigorate this remarkable property.”

The Wayfinder Newport, which debuted in 2020, is a boutique hotel created in collaboration with local chefs, bartenders, artists, designers and entrepreneurs to offer homage to this region.

Pyramid Global seeks to carry out the restoration of the property in alliance with Dovetail + Co.

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It intends to reopen a portion of the hotel in the coming months and the rest of the hotel towards the end of the year.

Dovetail + Co Founder and CEO Phil Hospod said: “Wayfinder Newport has a special place in Dovetail’s heart as our first property.

“We love Rhode Island as a second home. We are eager to open our doors again, continue contributing to this dynamic community and are excited to build a great team with Pyramid Global that shares our appreciation for this beautiful state.”