Some may call it the Fire Island- or Puerto Vallarta-ization of P’town while others may welcome the upscale vibes of Provincetown’s iconic Crown & Anchor’s new owners. But the fact is, The Tryst hospitality properties group has purchased the Crown, and they vow to maintain the character and integrity of the Land’s End LGBTQ+ institution.

Reports yahoo! Finance:

Tristan Schukraft’s Tryst Hospitality announced its acquisition of The Crown & Anchor, Provincetown’s legendary hotel, restaurant, and entertainment complex on Commercial Street. Tristan’s investment ensures that The Crown & Anchor will continue to thrive as a landmark destination and preserve its decades-long legacy as the heart of Provincetown’s queer community. As part of the acquisition, the property’s 17-room hotel will be reintroduced as The Tryst Provincetown, joining Tryst’s growing portfolio of LGBTQ+ destinations around the world.

Located in the heart of Provincetown’s historic center, The Crown & Anchor features six bars, a restaurant, a 17-room hotel, and multiple nightlife and performance venues, including The Paramount, The Crown Cabaret, and The Vault. For decades, it has served as a cornerstone of Provincetown’s queer community, a place for art, nightlife, and self-expression. Each of these iconic spaces will continue to be part of The Crown’s story under Tryst Hospitality’s ownership, with thoughtful updates planned to enhance the experience while preserving their spirit and identity.

“There’s nowhere in the world like Provincetown. It’s a place where LGBTQ+ people have come for decades to be seen, to create, to fall in love, and to live openly,” said Tristan Schukraft, Founder and CEO of Tryst Hospitality. “The Crown & Anchor is at the heart of that story, it’s been the stage, the dance floor, and Provincetown’s unofficial town square. Our goal is to honor that legacywhile evolving it for the future, ensuring it remains a vibrant, inclusive home for generations to come.”

“I am proud to have served this community alongside this extraordinary team, whose dedication to honor, support, and celebrate the legacy of this space has elevated both The Crown and the community it serves,” said Jonathan Hawkins, CEO and Co-Owner. “Together, we reclaimed with purpose, preserved with intention, and rebuilt a space that stands at the heart of Provincetown’s queer community.”

“Tristan is the right person to carry it forward. He understands how important it is that Provincetown remains independent, creative, and proudly queer,” added Paolo Martini, Co-Owner. “With his vision and resources, the Crown will stay gay-owned, community-driven and a beacon for generations to come.”

Read the complete finance.yahoo.com story here.

Not a subscriber?  Sign up today for a free subscription to Boston Spirit magazine, New England’s premier LGBT magazine.  We will send you a copy of Boston Spirit 6 times per year and we never sell/rent our subscriber information.  Click HERE to sign up!