That (sale of the hotel) really
is great news. From what I heard the IBLP was a very strange religious organization who didn't do a great job of boosting the hotels viability, anyway.
I still can't figure out from short news piece, though, if the Crim is buying this with the intention own and/or operate this place, or if they are buying it to flip it. I'd assume they will own it, and hopefully they will find a name-brand operator to once again make this the premier hotel of the city.
Hotel:
YrVelouria -
http://www.flickr.com/photos/yrvelouria/