Fairmont San Jose hotel bankruptcy reaches crucial stages amid reopening uncertainty

Fairmont San Jose hotel bankruptcy reaches crucial stages amid reopening uncertainty

3 years ago
Anonymous $OlGJJXacOb

https://www.siliconvalley.com/2021/05/14/hotel-bankrupt-fairmont-san-jose-revamp-reopen-real-estate-covid/

SAN JOSE — The Fairmont San Jose hotel bankruptcy case has arrived at some crucial stages while uncertainties swirl around a precise date to reopen the iconic downtown lodging and the viability of a plan to revamp its finances.

On March 5, the Fairmont San Jose closed its doors and filed for bankruptcy to reorganize its finances, with the hotel’s owner saying at the time that the hotel would reopen in two to three months.

Fairmont San Jose hotel bankruptcy reaches crucial stages amid reopening uncertainty

May 14, 2021, 1:45pm UTC
https://www.siliconvalley.com/2021/05/14/hotel-bankrupt-fairmont-san-jose-revamp-reopen-real-estate-covid/ > SAN JOSE — The Fairmont San Jose hotel bankruptcy case has arrived at some crucial stages while uncertainties swirl around a precise date to reopen the iconic downtown lodging and the viability of a plan to revamp its finances. > On March 5, the Fairmont San Jose closed its doors and filed for bankruptcy to reorganize its finances, with the hotel’s owner saying at the time that the hotel would reopen in two to three months.