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Innkeepers USA Prepares Bankruptcy Filing

Jul 19, 2010 7:35 AM

From FinancierWorldwide.com:
REIT Has $1-Billion Debt, Owns 70 Hotels
Innkeepers USA Trust, a hotel company that owns more than 70 mid-market hotels, is preparing to file for Chapter 11 bankruptcy protection in the next few days, according to people familiar with the situation cited by media reports. Click here for the full story.

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