L'Auberge Inc., a company made up of principals of local commercial development firm Woodbury Corp., has acquired the Radisson Airport Inn at 2177 W. North Temple.
The hotel, located near the I-80 North Temple on-ramp, was built in 1986 by Hotel Development Corp. and has never been occupied. Financial problems at HDC turned the property over to the original lender, ABQ Savings Bank in Albuquerque, N.M., from which L'Auberge acquired the property.Terms of the transaction were not diclosed.
"We are thrilled we were able to acquire the Radisson Airport Inn. The hotel is superbly located for serving users of the Salt Lake International Airport and its unique design will appeal to business travelers and tourists alike," Guy Woodbury, president of L'Auberge, said.
L'Auberge was formed for purposes of making the acquisition, Woodbury said. Woodbury Corp., co-operators of the St. George Holiday Inn, will manage the Radisson property.
Woodbury said Radisson is pleased to have the franchise under new ownership.
The 130-room inn sports a handsome stone exterior and a lavish interior of finished wood, marble, stained glass and large murals depicting scenes of the English countryside. Some rooms feature vaulted ceilings, lofts and fireplaces, and there is a wet bar in every room.
The hotel's restaurant will serve only to overnight guests, who will also have use of a pool, hot tub and underground parking. Room rates will be higher than the average local rates, Woodbury said, and the hotel will cater to middle-to-upper class travelers.
He said an open house will be held before the Hotel officially opens June 1.