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Sage, Optima Plan to Buy, Rebrand Cleveland Crowne Plaza

Mar 28, 2011 10:30 AM

From The Cleveland Plain Dealer:
Sage Hospitality, Optima Ventures Plan to Buy, Rebrand Cleveland Crowne Plaza
A Colorado hospitality company and a major downtown investor plan to buy the Crowne Plaza in downtown Cleveland, transforming it into a four-star hotel before the nearby medical mart and convention center open in 2013. Sage Hospitality and Optima Ventures recently agreed to acquire downtown Cleveland's second-largest hotel from defunct financial-services giant Lehman Brothers Holdings Inc. Click here for the full story.

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