JOHNSTOWN, Pa. – Holiday Inn Johnstown-Downtown has been sold at auction.
The 159-room, full-service hotel is under contract to two individuals, Inderpal Singh and Priya Vij, following an auction held on Ten-X.com earlier this week. An official announcement was made on Friday by Pasquerilla Enterprises, the longtime owner of the property, which is managed by Crown American Associates.
No purchase price for the private transaction was announced. A $1.7 million minimum bid was required.
Singh and Vij were out of the country on Friday and not available for comment, according to Melissa Radovanic, Crown American Associates’ director of marketing and community relations.
“We will work very closely with Mr. Singh and Mrs. Vij during the closing period to make a smooth transition for employees and customers,” Michael Barletta, president of Crown American Associates, said in a released statement.
The hotel has been at 250 Market St. for almost a half-century. More than 1 million guests have lodged at the establishment. Movie stars Paul Newman and Tom Cruise stayed there while filming “Slap Shot” and “All the Right Moves,” respectively.
It was even used as Federal Emergency Management Agency headquarters after the 1977 Johnstown flood.
“The Holiday Inn Johnstown-Downtown has served the community since 1973, and we are proud of the contributions that we made to the community,” Mark Pasquerilla, chairman and CEO of Pasquerilla Enterprises, said in a statement. “We are encouraged by the buyers and their willingness to invest in the hospitality industry in the City of Johnstown, and we are prepared to welcome them into our community.”
The hotel has a high-tech business center, fitness center, indoor pool and sauna, along with Harrigan’s Cafe & Wine Deck, a multi-time recipient of Wine Spectator’s Award of Excellence.
“The Holiday Inn, I think, is a really important feature for downtown to have – a full-service hotel like that,” Cambria Regional Chamber President Amy Bradley said.
Centrally located, it is a popular place for guests to stay during major events, including Thunder in the Valley, the All American Amateur Baseball Association Tournament and the AmeriServ Flood City Music Festival. Crown American representatives also help promote the region by providing lodging to special guests and working with other organizations on bids for conferences and event sponsorships.
“The community really has been fortunate to have such a great team from management all the way down to the frontline staff,” said Lisa Rager, executive director of Visit Johnstown, which promotes local tourism.
Rager called the hotel a “keystone” of the local tourism industry.
“We need the hotel,” Rager said. “The hotel needs us and the work that we do. We are partners in this.”
Holiday Inn Express & Suites in Richland Township is still owned by Pasquerilla Enterprises and operated by Crown American Associates. The Crown American Associates headquarters is located downtown, too. The organization also manages the city-owned Frank J. Pasquerilla Conference Center on Napoleon Street. None of those properties were included in the auction.
“They really have put a lot of money and time and effort into their assets here,” Johnstown Area Regional Industries President and CEO Linda Thomson said. “I’m really happy to hear that they’ve kept the Holiday Inn Express, so that’s still going to be part of the Crown family.”