DALLAS—Jeff Blackman, president of Bedford Lodging has acquired a minority interest in Pillar Hotels & Resorts. Pillar Hotels & Resorts and InterMountain Management LLC merged into common ownership in 2011.
“Bedford Lodging’s investment in Pillar’s operating platform reflects our expectation for the relationship to both support Bedford’s development pipeline and help expand an already diverse and scalable company,” noted Blackman. “Pillar’s scale and InterMountain’s track record and development expertise should prove to be an exceptionally powerful team for the hospitality industry.”
Dewey Weaver, majority owner of Pillar Hotels and InterMountain Management added, “We are incredibly excited to have Mr. Blackman on board as a partner. We look forward to doing great things together and already have some exciting plans for the short term.”
Blackman has been involved in all facets of the hotel business for nearly 20 years. He began his career in Wichita, KS, with Jack DeBoer, the founder of the extended-stay hotel segment, and has worked in executive positions for Candlewood Hotel Company, Wyndham International, Ashford Hospitality Trust, Marriott International, Western International and Texas Western Hospitality.