The Daily Reporter – WI Construction News & Bids Wisconsin's Construction Authority
EAU CLAIRE, Wis. (AP) — A downtown Eau Claire hotel will be auctioned off next week.
S.B. Hotel Management owns the downtown Ramada Hotel and Convention Center and owes more than $1.6 million to both their lender and Ramada.
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The court has appointed another hotel operator to run the hotel until it’s sold. Ramada Worldwide sent a letter to the temporary operator, saying it doesn’t want the hotel in their chain anymore.
WQOW-TV says the new operators told attorneys they’re gathering information on the cost of relaunching the hotel under a new name.
S.B. Hotel Management filed an appeal requesting postponement of the sheriff’s auction on Tuesday. But a judge ruled the company would have to pay off its debt to avoid the sheriff’s sale.
Information from: WQOW-TV, http://www.wqow.com
