Pyramid Global Hospitality recently announce the Wayfinder Newport hotel in Newport, Rhode Island, as the latest addition to the company’s management portfolio. Continuing a longtime partnership with Dovetail + Co, owner of the Wayfinder Newport, Pyramid Global has assumed management of the 197-room hotel with immediate plans underway to rebuild and revitalize the property.
“We are pleased to welcome the Wayfinder Newport to Pyramid Global’s Luxury & Lifestyle collection of world-renowned properties and to extend our footprint into the beautiful state of Rhode Island,” said Chris Devine, chief investment officer, Pyramid Global Hospitality. “We look forward to partnering with the fantastic team at Dovetail + Co to reinvigorate this remarkable property.”
First opened in 2020, the Wayfinder Newport is an imaginative boutique hotel developed with local chefs, bartenders, artists, designers and entrepreneurs to create a genuine homage to the destination. A fresh take on a Newport hotel, the Wayfinder pairs coastal design with home-grown talent to provide a mindful and unstrained hotel experience that highlights Rhode Island’s relaxed free-spirited energy.
Sadly, just two years after its opening, the Wayfinder Newport suffered extensive damage in a catastrophic fire. In close collaboration with Dovetail + Co, Pyramid Global intends to support the current restoration of the property with plans to reopen a portion of the hotel this summer and the rest to follow this fall.
The addition of Wayfinder Newport to Pyramid Global Hospitality’s extensive portfolio supports a growing relationship with ownership team Dovetail + Co as the two companies also successfully own and operate Cambridge Beaches Resort & Spa in Bermuda.
“Wayfinder Newport has a special place in Dovetail’s heart as our first property,” said Phil Hospod, Founder and CEO of Dovetail + Co. “We love Rhode Island as a second home. We are eager to open our doors again, continue contributing to this dynamic community, and excited to build a great team with Pyramid Global that shares our appreciation for this beautiful state.”
