Hilco Real Estate Sales has announced the qualifying bid deadline of July 9 for the Chapter 11 bankruptcy sale of a prime hotel property in Ontario, California. The 309-key Ontario Airport Hotel & Conference Center is strategically located near both the Ontario International Airport and Convention Center.
Boasting over 232,000 square feet, this impressive hotel offers ample meeting space as well as a restaurant and bar, coffee shop, outdoor pool and fitness room. While currently operating independently with success, Hilco sees great potential for new ownership to partner with renowned national or international hotel brands. This presents an excellent opportunity to acquire a profitable asset at a significant discount compared to replacement cost.
Keith Worsham , head of Hilco’s National Hotel Team states that this is an exceptional chance to invest in a thriving location with extensive amenities and potential for brand affiliation within the dynamic Inland Empire region. Please note that this sale is subject to Bankruptcy Court approval.
