Provenance: Gordon Sondland-founded Provenance Hotels management firm sells in complex deal
A Nashville property - Hotel Preston - is part of the deal. "While many were skeptical about the future of hospitality, we saw value in the Provenance portfolio's real estate assets and believed these destinations would bounce back stronger. Today, Nashville, Seattle and New Orleans are among the top-performing hotel markets in the U.S."
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Provenance is an Oregon-based firm that owns and operates a chain of hotels offering services including dining, accommodation and meeting rooms for individuals and businesses.
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