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Credit Crunch Lodging Collapses

Historic Landmark Pacific Northwest Hotel Closes Doors

— February 14, 2009 — World
Though fully booked for Valentine’s Day, the Columbia Gorge Hotel, one of Oregon’s landmark hotels, has closed its doors due to financial woes. A dozen wedding parties will be frantically seeking new event venues.

The 39-room hotel has hosted presidents and film stars. It was built in 1921 as the “Waldorf of the West” by a timber tycoon. It sits above the spectacular Columbia River at the top of a 208’ waterfall.

Current owners are hopeful that someone will purchase the property and reopen in the near future.
Trend Themes
1. Historic Hotel Preservation - Preserving and restoring historic hotels can create unique and desirable lodging experiences for tourists.
2. Sustainable Hospitality - Sustainability-focused renovations and operations can attract eco-conscious travelers and reduce long-term costs for hotels.
3. Alternative Event Venues - Repurposing historic buildings and spaces as event venues can offer unique backdrops for weddings, conferences, and other events.
Industry Implications
1. Hospitality - The hospitality industry can explore opportunities to repurpose and renovate historic hotels while incorporating sustainable practices.
2. Tourism - Tourism boards and operators can promote the preservation of historic landmarks and unique lodging experiences as part of their offerings.
3. Event Planning - Event planners can seek out and promote alternative event venues, such as historic hotels, to differentiate their services and offer unique experiences.
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