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Holiday Inn ownership changes

Published: Thursday, Oct. 3, 2013 11:13 a.m. CST • Updated: Thursday, Oct. 3, 2013 11:21 a.m. CST

Ownership of the Holiday Inn Express has changed hands, but Manager Judy Johnson assures services won’t be affected. As a matter of fact, they might get better over time.

On Sept. 23, hotel management was given court documents showing that the hotel was given into temporary receivership to Kishan Hospitality LLC. While the foreclosure of the loan on the Holiday Inn is being settled, this group, along with Nationwide Asset Management Group, technically own the hotel.

“There’s nothing wrong with the hotel the way it is,” Jones said. “It’s just them wanting to remodel it.”

The new owners have ordered new linens for the hotel, which have already arrived. Jones also said they are looking into renovations and updates to the hotel, which include new carpet.

Jones said all services will continue and all reservations will be honored.

“Nothing bad has happened,” she said. “Everything is moving along smoothly.”

Staff writer Dave Hon may be contacted at (641) 792-3121, ext. 425, or at dhon@newtondailynews.com.

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