Happy Ending In the Big Easy - Wall Street Journal

Thank you for using rssforward.com! This service has been made possible by all our customers. In order to provide a sustainable, best of the breed RSS to Email experience, we've chosen to keep this as a paid subscription service. If you are satisfied with your free trial, please sign-up today. Subscriptions without a plan would soon be removed. Thank you!

Facing a deadline to repay debt, the developer of a storied New Orleans hotel has brought in a partner to stabilize its finances and move ahead with a major renovation.

The 251-room Chateau Bourbon Hotel, which originally housed the D.H. Holmes department store, is home to a white clock that has served as a meeting place for generations.

The property, converted into a hotel in the 1990s, gained wider fame through its mention in John Kennedy Toole's Pulitzer-prize-winning novel, "A Confederacy of Dunces."

But recently, the hotel's future was uncertain. HRI Properties, the New Orleans real-estate company that has controlled ...

Facing a deadline to repay debt, the developer of a storied New Orleans hotel has brought in a partner to stabilize its finances and move ahead with a major renovation.

The 251-room Chateau Bourbon Hotel, which originally housed the D.H. Holmes department store, is home to a white clock that has served as a meeting place for generations.

The property, converted into a hotel in the 1990s, gained wider fame through its mention in John Kennedy Toole's Pulitzer-prize-winning novel, "A Confederacy of Dunces."

But recently, the hotel's future was uncertain. HRI Properties, the New Orleans real-estate company that has controlled ...