Boston-based Pyramid Hotel Group has been selected to operate the 315-room Westin Imagine in Orlando, Fla., and the 194-room Holiday Inn San Antonio NW SeaWorld in San Antonio, Texas.

"These are excellent properties that have the potential to be market leaders in their segments, and our goal is to make pronounced improvements in the properties’ operating results and profitability," said Warren Fields, Pyramid’s chief investment officer, in a statement. "We look forward to the opportunity to continue to build on our long-term relationships with the hotels’ respective associates and ownership groups."

Many lenders are taking control of assets and looking to new operating partners, such as Pyramid, to help position the assets to improve cash flow and increase the property’s value, according to the statement.

"Creating the right positioning and strategy for a hotel is the key to profitability and ultimately to the successful sale of the asset," Fields added. "All of the hotels added to our management portfolio in the past year have gained market share against their respective competitive set and greater markets.