Saturday, August 28, 2010

Hartford's Crowne Plaza In Bankruptcy

Aug. 27--The owners of the Crowne Plaza hotel just north of downtown Hartford have filed for bankruptcy, the latest blow to the city's hospitality industry already hard hit in the recession.

The Chapter 11 bankruptcy case is a debt reorganization, not a liquidation; the 350-room hotel near I-84 remains open for business. The company that manages the hotel, Packard Hospitality Group, would not comment on whether the hotel will continue to operate, although there is no sign that it is closing.

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