Deal reached for city owned hotel downtown Green Bay
GREEN BAY - The city of Green Bay is no longer in the hotel business.
It reached a deal Friday, to sell the Clarion Hotel. Michigan based, American Hospitality is the new owner.
The company bought the hotel for $2.7 million and will spend about $5 million renovating it.
The city purchased the hotel in March for more than $2.5 million.
It wanted to make sure the nearby KI Convention Center expansion moved forward.
Construction is expected to be complete next year.