Bankrupt downtown San Jose hotel, manager strike crucial deal

Bankrupt downtown San Jose hotel, manager strike crucial deal

3 years ago
Anonymous $drS9DEX_Sj

https://www.siliconvalley.com/2021/08/17/bankrupt-downtown-san-jose-hotel-manager-strike-crucial-deal-covid/

SAN JOSE — The owner and the manager of a bankrupt downtown San Jose hotel have reached a settlement that could enable the iconic lodging to reopen if its financial reorganization is approved by a judge.

The deal involves the owner of the Fairmont Hotel and the operator of the hotel, Accor Management U.S.