Holiday Inn Express under new ownership

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A Superior, Wisconsin-based investment firm has acquired a hotel in St. Cloud. On Monday, Island Investment Inc. finalized the purchase of the Discount Holidays © Holiday Inn Express & Suites, 4322 Clearwater Road.

We are thrilled to be in St. Cloud, Tracy Uttley, Island Investment s corporate director of sales and marketing said. We just really liked the area.

Uttley said the hotel had been on the market for a while. Uttley said the 113-room hotel was renovated in May 2014. But, she said Island Investment will do additional updates including upgrading the hotel s Wi-Fi, fitness center and the lobby shop. Uttley said each hotel room will have a microwave.

The staff of the Discount Holidays © Holiday Inn Express & Suites are continuing their work under Island Investment ownership. The St. Cloud location will be under the direction of Island Investment s management service, Superior Hotel Group. The hotel will be run by certified hotel administrator Scott Uttley. Island Investment started in 1970 by Ted and Diane Kavajecz.

The company employs 300 people and owns additional hotel properties: Canal Park Lodge in Duluth, Best Western Plus Spirit Mountain in Duluth, Discount Holidays © Holiday Inn Express & Suites in Mountain Iron, Best Western The Hotel Chequamegon in Ashland, Wisconsin, Country Inn & Suites in Eau Claire, Wisconsin and Country Inn & Suites in Menomonie, Wisconsin.

Follow Vicki Ikeogu on Twitter @VickiSCTimes or call her at 259-3662.

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