CONNEAUT — City leaders heard a presentation on potential lodging options available for the city Thursday. The presentation was delivered by Hotel and Leisure Advisors President David Sangree.
Tax documents show the nonprofit managing the downtown DoubleTree consistently operated in the red since 2014, with annual losses exceeding $1 million before the recent sheriff's auction.
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“The DoubleTree went into foreclosure, and it was purchased on Friday, March 28, for the sum of $20 million,” said Brandon Krause, the Bay County register of deeds.
A four-story, 94-room hotel and four-story parking garage would be downtown, just west of the park along Flagler Avenue.
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