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Saturday, July 31, 2010

Boston firm to manage Point Lookout

Point Lookout, the former MBNA corporate retreat in Northport now owned by a retirement community developer, will be put under new management.

Northport LLC/Erickson Foundation, which bought the 387-acre conference facility in 2007 for $12 million, has tapped hospitality industry firm Pinnacle Advisory Group to improve business,
according to the Capital Weekly.

Pinnacle adviser Matthew Arrants told the paper the company will focus its efforts on marketing the facility's hotel and conference center space, but that "there will be very little change." Pinnacle Group will turn management of Point Lookout over to Boston-based Pyramid Hotel Group, which will hire Point Lookout's existing 50 to 75 employees.

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