Local Hotel Files for Bankruptcy Protection E-mail
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Written by Administrator   
Thursday, 18 June 2009 22:43

NEWS

Unknown at This Time if  La Mirada Site Will be Affected

La Mirada~Boy, talk about bad timing.

The Associated Press is reporting that Extended Stay Hotels LLD filed for Chapter 11 bankruptcy protection on Monday, citing massive debt stemming from a 2007 acquisition, and a sharp drop in business travel.

Regionally, Extended StayAmerica operates three locations in Long Beach, Carson, and La Mirada. It is unclear at this time if this action will affect the La Mirada location, if at all.

A night manager contacted by phone at the La Mirada site said "he has not heard anyhting about it". Efforts to reach the general manager of the location have so far proven to be unsuccessful.

Recently, a increase in the city's hotel bed-tax was approved by the city council and is about to go into effect. If the hotel closes, it will lead to an additional loss of revenue, and a empty building to boot.

 
 

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