Bankrupt downtown San Jose hotel picks Hilton brand as manager

Bankrupt downtown San Jose hotel picks Hilton brand as manager

3 years ago
Anonymous $LNMzUc6XNz

https://www.siliconvalley.com/2021/05/26/bankrupt-downtown-san-jose-hotel-fairmont-hilton-real-estate-covid/

SAN JOSE — The owner of the bankrupt Fairmont hotel in downtown San Jose has picked a high-profile lodging chain as its new operator, a potentially hopeful event for the shuttered hotel — although some obstacles loom.

The downtown San Jose hotel filed for bankruptcy in March and closed its doors and said from the outset that it was crucial for the hotel to replace its existing hotel management with an operator that could help extricate it from bankruptcy through cash support.