Hammons Hotels To Be Sold

John Q. Hammons Hotels and Resorts will sell off 35 hotels and other assets to a New York investment firm as part of a bankruptcy settlement.

The Springfield News-Leader reports JD Holdings is buying the hotels – along with Hammons Tower and Hammons Field.

The firm expects to keep all 4,000 existing employees.

A bankruptcy judge still has to approve the deal.

The hotel properties have been in a trust since John Q. Hammons died in 2013.

Print this article Back to Top