The city of Green Bay has finalized the sale of the downtown Clarion Hotel to American Hospitality Management, the company that was managing the hotel for the city. The company is buying the hotel for $2.7 million and will invest another $5.3 million in improvements. The city had bought the property for $2.8 million to ensure that it would be part of a renovation and expansion of the neighboring KI Convention Center. Read more at Green Bay Press-Gazette.
