Media Contact: Kate Buska, Public Relations Director 503-548-9399, [email protected] PROVENANCE HOTELS, GB LODGING AND WOODBINE DEVELOPMENT CORPORATION ANNOUNCE COMPLETION OF OLD NO. 77 HOTEL & CHANDLERY IN NEW ORLEANS Opening of Compère Lapin, Chef Nina Compton’s new restaurant, is the final phase in the creation of a new Warehouse Arts District Hotel at the forefront of the city’s hospitality boom. June 1, 2015 – New Orleans, La. – The Old No. 77 Hotel & Chandlery, a shining example of the rebound in the New Orleans hospitality market, is open in the heart of the city’s historic Warehouse Arts District. Recognizing the investment potential in New Orleans and sensing a coming upswing in consumer demand for the destination, Provenance Hotels and GB Lodging purchased the property – then known as the Ambassador Hotel – in August 2013. In partnership with Woodbine Development Corporation, Provenance Hotels expanded the room count to 167, created one of city’s hottest new restaurants, and introduced a sophisticated modern design that highlights rustic original details – like hardwood floors and exposed brick walls – and celebrates the unique culture and art of New Orleans. Located at the intersection of Tchoupitoulas and Lafayette Streets just four blocks from the French Quarter, the hotel is the latest incarnation of a building built in 1854. The perfect Big Easy home base for work or play, the Old No. 77 Hotel & Chandlery welcomes travelers with a light, airy design that allows the building’s authentic warehouse architecture to shine. The property is home to an art collection created in partnership with the New Orleans Center for the Creative Arts (NOCCA), a regional, preprofessional arts school founded by artists, educators and community activists, and Compère Lapin, one of New Orleans’ most anticipated new restaurants, will open at Old No. 77 Hotel & Chandlery on June 2, 2015, with chef/owner Nina Compton, an alumni of BRAVO’s Top Chef: New Orleans, at the helm. For more information about The Old No. 77 Hotel & Chandlery, visit www.old77hotel.com or follow the hotel on Instagram and Twitter @Old77_Hotel and Facebook at www.facebook.com/Old77Hotel. ### About Provenance Hotels Founded in 1985 and headquartered in Portland, Ore., Provenance Hotels specializes in acquiring, developing and operating award-winning independent and nationally affiliated branded hotels. The company’s portfolio includes nine owned and operated properties in Washington, Oregon and Tennessee and numerous managed assets, totaling nearly 2,500 rooms. For more information, please see www.provenancehotels.com. About GB Lodging, LLC GB Lodging is a hotel investment, development and asset management firm focused on the lifestyle segment of the hospitality industry. The firm was co-founded by real estate/finance industry entrepreneur Allen Gross, Founder & President of GFI Capital Resources Group, parent company to GFI Development, and Bruce Blum, a 30 year hotel industry veteran. GB Lodging’s seasoned executive team has completed $4+ billion of hotel transactions and has decades of principal and executive level experience throughout several hotel industry cycles. GB Lodging can be found online at www.gblodging.com. About Woodbine Development Woodbine Development Corporation is a full-service real estate company with over 40 years of development, investment/acquisition and asset management experience. With offices in Dallas, Phoenix, and Los Angeles, the company specializes in hotels, resorts, and mixed-use developments throughout the United States. Woodbine has been involved with more than $3 billion in commercial real estate projects, including development, ownership and/or asset management of more than 7,000 hotel rooms. Spread across 10 different states, the Woodbine portfolio includes major brands and independent hotels. To learn more, visit www.woodbinedevelopment.com.
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