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    Friday April 12th 2002
    In The News 12:32 am-
    Categories Depalma Permalink Permalink
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    Ramada will be sold at auction” is an item from the Beloit Daily News that I found interesting. The new GM even got some press:

    Reaz Chowdhury, general manager of the Ramada Inn of Greater Beloit, said rumors the hotel is closing because of the auction are not true.

    “I want to stress the fact the hotel is not closing,” Chowdhury said. “That’s what people are saying. I think they misunderstand the word auction. Someone buys it and will keep it open.”

    “Business is improving,” Chowdhury said. “The books are looking better. We’re just getting out of the winter, but we’re heading for the summer, which will be better for us.”

    The statement “the hotel was being sold as a whole, not as a property to be redeveloped” has me baffled though. Here’s the Auction Page again. I guess I find out on or after April 30th what’s going on.

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