Ohio Hotel Co. Hits Ch. 11 With 'Urgent' Bid To Stay Afloat

By Joyce Hanson (August 22, 2023, 7:58 PM EDT) -- A franchisee who owns Red Roof Inn, Hampton Inn and Quality Inn branded hotels has filed for Chapter 11 protection in Ohio bankruptcy court, saying cash advances he sought in an effort to stay afloat through the COVID-19 pandemic were "a mistake."...

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