Pyramid Global closes acquisition of Provenance’s operating division
Adds 12 full-service, independent hotels
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Provenance Hotels, Gencom affiliate form GenPro
Hotel assets to be managed by Benchmark Pyramid
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Four Seasons opens in New Orleans; more debuts down South
Recent openings in the Southern U.S. include a Four Seasons in New Orleans, the first JW Marriott in North Carolina and a beach resort
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Who’s Buying and Selling?
INTERNATIONAL REPORT—NewcrestImage, High Street Real Estate Partners, HREC, PMZ Realty Capital and Gencom have all completed transactions. Here’s more on the recent hotel acquisitions:
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What’s in the Works Down South?
NATIONAL REPORT—Hotel projects are underway in Florida, Louisiana and Texas. Tourist destinations, resort areas and historic districts are all seeing some developments: Drury Hotels
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