Columbia Gorge Hotel Gets New Owner (2 of 14)
The Columbia Gorge Hotel in Hood River Oregon has a new owner. The troubled hotel had closed in January of this year but will reopen under new owner Vijay Patel. Patel owns five other hotel properties in the Pacific Northwest. The Oregonian reports that a subsidiary of his A-1 Hospitality Group will buy the Columbia Gorge Hotel for more than $4 million from ShoreBank Pacific. The bank had foreclosed on the property over a year ago and had used a management company to operate the hotel. Patel and his business partner, Rakesh Malhan, president of NS Construction Group Inc., plan to close on the property October 30. The hotel, which is on a bluff overlooking the Columbia River, was built in 1921 and has a long and distinguished history. It has 39 guest rooms and has room for meetings and weddings. Rates will be between $160 and $185 per night. 28/10/09
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