Fairmont hotel in downtown San Jose, January 2021. A bankruptcy judge on Wednesday approved a plan to financially revamp a bankrupt downtown San Jose hotel, clearing the way for the lodging complex to reopen as a Signia Hilton.
SAN JOSE — A judge on Wednesday approved a plan to financially revamp a bankrupt downtown San Jose hotel, clearing the way for the lodging complex to reopen and be operated as a Signia Hilton brand.
The hotel has been closed since March in the wake of coronavirus-linked economic jolts and a dispute with the hotel’s former operator, but the end of the bankruptcy case can now enable the 805-room Fairmont Hotel in downtown San Jose to open its doors again.
A representative for the city of San Jose endorsed the approval of the plan. City officials view the opening of the 805-room hotel as a key cog in the revitalization of the downtown district in the wake of coronavirus-linked woes.
“The city supports the confirmation of the plan and looks forward to the reopening of the hotel as soon as possible,” said Richard Robinson, an attorney who represented the city in the bankruptcy proceeding.
