New Owner of Exec Thinks Big `Huge Investment' in Property Planned

Summary

---

Downtown Evansville's Executive Inn officially changed hands last week, but the new owner's representatives have been in town for months learning what they could about the city and the potential of its largest hotel.

Noor Tejany, who purchased the 470-room Executive Inn on Friday from John Bays, was introduced Tuesday to media and local tourism officials. The head of Oak Brook, Ill., Tejany Hospitality said he plans to spend millions of dollars to upgrade the property and will affiliate the hotel with a national chain.

See the full content of this document

Extract

---

New Owner of Exec Thinks Big `Huge Investment' in Property Planned

"I think it will be a huge investment," Tejany said. "Of course, it will be millions of dollars because this is a huge piece of property."

Bays, the former owner who...

See the full content of this document

---