Wednesday, June 2, 2010

Bankruptcy filings rise among small hotels around Tampa

TAMPA - Small hoteliers are taking it on the chin, with at least four in the Tampa Bay area seeking bankruptcy protection since March.

Last week, the owners of a 75-room Hampton Inn, 11740 Tampa Gateway Blvd. in Seffner, filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Tampa. Chapter 11 allows a company to reorganize its finances while protected from creditors.

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