In the last year, Boston-based Pyramid Hotel Group has added five properties with 1,600 rooms to its managed and asset-managed portfolio.

The additional properties range from city center commercial hotels to branded destination resorts in a variety of hotel markets throughout the country, including Hawaii and the Caribbean, according to a statement.

"The improving market in the 2011 first quarter contributed to a strong period of growth for Pyramid, including international expansion with the addition of our first Caribbean resort," said Warren Fields, Pyramid CIO. "We are especially gratified that our current management portfolio remained stable throughout the recent economic downturn, reflecting the strength of our long-term relationships due to Pyramid’s ability to consistently maximize cash flows and asset values under any economic condition."