Bankrupt hotel in downtown San Jose might not reopen in 2021
https://www.siliconvalley.com/2021/07/20/bankrupt-hotel-downtown-san-jose-not-reopen-2021-real-estate-covid/
SAN JOSE — A bankrupt hotel in downtown San Jose might not reopen until December — if then — based on a new proposed timetable for the hotel’s owner to file a plan to revamp its shattered finances, court papers show.
The current schedule eyed by the owner of the bankrupt Fairmont San Jose, located in the city’s downtown hotel district, is pushing the timetable for final approval of a plan to reorganize the hotel until sometime after Nov. 30.
Bankrupt hotel in downtown San Jose might not reopen in 2021
Jul 20, 2021, 5:57pm UTC
https://www.siliconvalley.com/2021/07/20/bankrupt-hotel-downtown-san-jose-not-reopen-2021-real-estate-covid/
> SAN JOSE — A bankrupt hotel in downtown San Jose might not reopen until December — if then — based on a new proposed timetable for the hotel’s owner to file a plan to revamp its shattered finances, court papers show.
> The current schedule eyed by the owner of the bankrupt Fairmont San Jose, located in the city’s downtown hotel district, is pushing the timetable for final approval of a plan to reorganize the hotel until sometime after Nov. 30.