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"We are excited to re-introduce this hotel to the marketplace under the Radisson brand," said Bruce Rahmani of Colorado Hospitality Services, the hotel's owner.
Also presented was a letter from Bruce Rahmani, president of Colorado Hospitality Services, Inc., of the Super 8 Motel in Sterling with an offer of $100,000 cash for the land the motel is on.
The offer was made without any contingencies.
Bruce Rahmani, owner of Colorado Hospitality Services, had been running the struggling downtown hotel at 701 8th St., since its former owners, Penta Hospitality of San Jose, Calif., walked away from it last winter and let it go to foreclosure.
Rahmani paid a cool $1.7 million -- less than half its last sales price -- for the hotel that he had named the Plaza Hotel. There were no bidders on the hotel at its April 21 foreclosure sale. Rahmani said it will return under the Clarion flags as the Clarion Hotel and Convention Center. But, he admits, the hotel's troubled past was cause for concern, from prior complaints on service to the loud whistle that's blown every time a train passes through town. "It has just a negative reputation, and everyone's hesitation to give it a chance, it worried me," Rahmani said. Rahmani, who has owned hotels and restaurants in Denver for many years, has ambitious plans to turn the struggling property into one focused on customer service and affordable pricing on everything from a $5 lunch to almost-free wedding packages to $79-a-night rooms. "The convention center is the key," Rahmani said. "I have hotels in Denver, and most of us live on the convention business." Though he said he has to do little to get the hotel into mint physical condition, he does plan to expand the hotel's business center, and add an exercise room and guest laundry, in addition to offering complimentary Internet service throughout the building. "We want people to support this," Rahmani said. "Our hope was that there would be a local group of investors who would pick up the hotel, because they know the Greeley market, so this will be next best thing," MacQuiddy said, adding that Rahmani is a graduate of the University of Northern Colorado.
The hotel will continue to operate, said Colorado Hospitality owner Bruce Rahmani, who was appointed as receiver for the hotel at 701 8th St.
Rahmani has said throughout his receivership of the property that he was interested in buying it. But he, too, did not submit a bid on Wednesday. "I'm still interested in purchasing it, but it's going to be through the bank now," Rahmani said. "The bank is going to keep it open," Rahmani said. Everybody loves Bruce." Rahmani, who has been described as a Denver-area hotel mogul for 20 years, said he is operating three hotels through the foreclosure process, one being the former Ramada in Fort Collins. That, too, has been renamed the Plaza Hotel. Another is located in Denver. Rahmani said he has an interest in owning all three but has made no decisions.
"Every city needs a full-service hotel and conference center," said Bruce Rahmani, now the receiver for - and a potential buyer of - the hotel formerly known as the Clarion in downtown Greeley now in foreclosure.
"We are as of April an independent hotel and conference center: The Plaza. So we can begin addressing the special challenges of a full-service hotel." Rahmani shares the opinion of many that a hotel just a block away from the Union Colony Civic Center with no competition in the conference market should be doing very well. "A full-service hotel is more challenging to run than a limited-service hotel," Rahmani said.
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