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From the Brookings Register:
http://www.brookingsregister.com/mai...63&page=23
Gulbranson, investors purchase Staurolite Inn
BY JILL FIER
While rumors about the sale of one of the city’s largest hotels have been floating around for months, this time it’s actually true.
Developer Dean Gulbranson, Realtor David Kneip and attorney Tim Hogan, all of Brookings, and Sioux Falls Realtor Greg Kneip are the new owners of the Staurolite Inn and Suites.
The group, now called Star Hospitality, LLC, took over the hotel’s operations as of June 1. The sale was finalized later in the month.
The last owner was a corporation based out of Rochester, Minn. The hotel was built in the early 1970s, and the new Brookings group is the first local owner since it was sold by Don Behrend in the 1990s.
Gulbranson, who will be the managing partner because of his previous experience operating the old Holiday Inn and the Comfort Inn, said the name of the hotel will remain the same. The manager, Tom Jones, and the staff of 25 employees will also stay put.
Gulbranson said the last owner put almost $1 million into upgrading the hotel, and the four new partners want to continue in that direction.
“Within the next two to three months, there will be some changes in-house to improve the property. The first thing is we just need to improve some equipment. And then room decor, that type of thing. Some of the rooms have been upgraded, but not all of them, so we need to work at that,” he said. . . . (read more)
Go State!
http://www.brookingsregister.com/mai...63&page=23
Gulbranson, investors purchase Staurolite Inn
BY JILL FIER
While rumors about the sale of one of the city’s largest hotels have been floating around for months, this time it’s actually true.
Developer Dean Gulbranson, Realtor David Kneip and attorney Tim Hogan, all of Brookings, and Sioux Falls Realtor Greg Kneip are the new owners of the Staurolite Inn and Suites.
The group, now called Star Hospitality, LLC, took over the hotel’s operations as of June 1. The sale was finalized later in the month.
The last owner was a corporation based out of Rochester, Minn. The hotel was built in the early 1970s, and the new Brookings group is the first local owner since it was sold by Don Behrend in the 1990s.
Gulbranson, who will be the managing partner because of his previous experience operating the old Holiday Inn and the Comfort Inn, said the name of the hotel will remain the same. The manager, Tom Jones, and the staff of 25 employees will also stay put.
Gulbranson said the last owner put almost $1 million into upgrading the hotel, and the four new partners want to continue in that direction.
“Within the next two to three months, there will be some changes in-house to improve the property. The first thing is we just need to improve some equipment. And then room decor, that type of thing. Some of the rooms have been upgraded, but not all of them, so we need to work at that,” he said. . . . (read more)
Go State!
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