A Famous Hotel is Now Closing A Major Location

A famous hotel is now closing a major location in California after over 50 years in business, leaving customers in shock with the decision.

A Hilton hotel location has announced its closure after over 50 years of business, leaving many disappointed customers.

Previous guests said they visited the area before it was taken over by crime.

Park Hotels and Resorts announced the August 28 closure of the Hilton Hotel near the Oakland, California Airport, according to ABC affiliate WABC.

“We understand that the hospitality sector continues to be negatively impacted by larger economic trends post-pandemic, and as the owner of this site the Port will be seeking the best Port use for this property moving forward,” the Port of Oakland said in a statement.

“The Port will work with the facility operators and the City of Oakland about assistance that can be offered to employees who might be affected by this closure.”

The Port of Oakland, which owns the land, confirmed the shutdown.

There wasn’t a reason given for the closure, but restaurants in the area have shut down, blaming crime as one of the causes.

The hotel had been in business for 56 years, since 1969.

Some past customers were upset by the closure, while others reflected on the state of the town.

“What a shame,” one tweeted on X, formerly known as Twitter.

However, another saw it coming.

“Not surprised,” they shared, in part.

Others considered what Oaktown was like with a few labeling it as a “ghost town.”

“San Francisco is going to be a ghost town if it’s not already. So many stores businesses closing or leaving,” wrote another.

“Becoming a ghost town,” stated a user.

“The whole city is shutting down,” a person said.

The U.S. Sun reports that it has contacted Hilton for comment.

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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois

Other Economy News Today

Market News Today - A Famous Hotel is Now Closing A Major Location.
Market News Today – A Famous Hotel is Now Closing A Major Location.

An unexpected restaurant now abruptly closes 7 locations in one state after revealing plans to shutter a total of 36.

TGI Fridays is closing a total of seven restaurants in one state as part of the company’s ongoing growth strategy.

This comes after the chain abruptly closed 36 locations across 12 states in at the beginning of the year, per The-Sun.

The restaurant chain will pull the plug on seven locations across the state of New Jersey in the coming weeks.

Today, Fridays will welcome in famished diners at its location in Brick for the final time.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Weldon Spangler, CEO of TGI Fridays earlier this week.

“We are at the helm of a pivotal moment that will allow us to explore boundless advancement, expansion, and innovation to keep delivering ‘That Fridays Feeling’ that our fans know and love.”

Before the closures, TGI Fridays had about 270 US locations, according to the company’s website.

“As part of the store closures, TGI Fridays is offering more than 1,000 transfer opportunities, which represents over 80% of total impacted employees,” the company previously said in a statement.

“Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we’ve identified opportunities to optimize and streamline our operations to ensure we are best positioned to meet – and exceed – on that brand promise,” said Ray Risley, US president and chief operating officer, in the release.

Eight other locations were sold to former CEO Ray Blanchette, a longtime stakeholder who will acquire the previously corporate-owned restaurants.

The sale comes as major changes have been made to the brand’s leadership, including the news of Weldon Spangler being made CEO.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Spangler in a statement.

Also Read: Retirees Will Now Receive More Money For Social Security

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Market News Today - A Famous Hotel is Now Closing A Major Location.
Market News Today – A Famous Hotel is Now Closing A Major Location.

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