Popular Genesee County Hotel Reopens Banquet Hall Following Financial Difficulties | Company
MUNDY TWP, Mich. (WJRT) — A popular hotel has reopened after losing its franchise partnership in January.
“I can sleep at night,” Gateway Hotel owner Terry Riddle. “The lobby is full, the rooms are full, the associates are busy working and getting the hours they so desperately want.”
After two years of struggling financially due to the global pandemic and working to keep the popular Gateway Hotel afloat, Riddle says they’re back on the path to prosperity in the community.
“We’re ready to rebrand and launch and we’re going to reach out to the community,” Riddle said. “We will definitely do a grand reopening and spread it to a large part of our clientele.”
In January of this year, the hotel’s future was under serious consideration, following the loss of its franchise partnership with Intercontinental Hotels Group.
That, with a financial hit due to COVID-19 restrictions, the hotel had no choice but to close its conference space.
“It was detrimental,” he said. “It just destroyed the hotel, because the rooms also play into this convention space that we were doing. We have now secured funding to help us overcome this difficulty.”
Today began the first conference in the room since its closure. Riddle says a lot of work remains to be done, but hopes to rebuild the relationships they used to rely heavily on their space.
“I know it caused a lot of anxiety with a lot of bands and a lot of heartache that shouldn’t have happened,” Riddle said. “But we’re back and we’re going to be out there making our case.”