Big San Jose hotel files for bankruptcy but will keep operating as usual

Big San Jose hotel files for bankruptcy but will keep operating as usual

a month ago
Anonymous $Uu1e96lHBL

https://www.siliconvalley.com/2024/11/06/san-jose-hotel-real-estate-property-economy-court-bankrupt-jobs-build/

SAN JOSE — A landmark San Jose hotel has filed for bankruptcy for the second time in three years but will keep its doors open and operate as usual while its owner seeks fresh financing for the lodging tower.

The entity that owns the iconic Signia by Hilton San Jose hotel in the city’s downtown has filed for a Chapter 11 bankruptcy proceeding ahead of a scheduled auction of the lodging property, U.S. Bankruptcy Court records show.

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