Benchmark Pyramid to Acquire Provenance Hotels
BOSTON, THE WOODLANDS, and PORTLAND—Benchmark Pyramid and Provenance Hotels (Provenance) announced the signing of a definitive agreement under which Benchmark Pyramid will acquire Portland, Oregon-based Provenance, adding 12 hotels to Benchmark Pyramid’s portfolio of more than 240 properties across the United States, Europe, and the Caribbean. The terms of the transaction were not disclosed. “We couldn’t be more thrilled to welcome the Provenance family into Benchmark Pyramid’s storied portfolio,” said Warren Fields, Benchmark Pyramid’s CEO. […]
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