{"id":29012,"date":"2017-10-11T11:23:58","date_gmt":"2017-10-11T15:23:58","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=29012"},"modified":"2017-10-11T14:15:39","modified_gmt":"2017-10-11T18:15:39","slug":"ramada-inn-queensburylake-george-sells-3-2m-new-owners-plan-improvements","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2017\/10\/ramada-inn-queensburylake-george-sells-3-2m-new-owners-plan-improvements\/","title":{"rendered":"Ramada Inn Queensbury\/Lake George Sells For $3.2M; New Owners Plan Improvements"},"content":{"rendered":"<figure id=\"attachment_29013\" aria-describedby=\"caption-attachment-29013\" style=\"width: 903px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-29013\" src=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2017\/10\/ramada-inn-hc.jpg\" alt=\"\" width=\"903\" height=\"665\" srcset=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2017\/10\/ramada-inn-hc.jpg 903w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2017\/10\/ramada-inn-hc-300x221.jpg 300w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2017\/10\/ramada-inn-hc-768x566.jpg 768w\" sizes=\"auto, (max-width: 903px) 100vw, 903px\" \/><figcaption id=\"caption-attachment-29013\" class=\"wp-caption-text\">The Ramada Queensbury\/Lake George, a 110-room hotel in Queensbury was sold in September for $3.2 million to Velanja Hirpara LLC. Some renovations are planned.<br \/>Courtesy Ramada Queensbury\/Lake George<\/figcaption><\/figure>\n<p class=\"p1\"><span class=\"s1\">The Ramada Queensbury\/Lake George, a 110-room hotel at 1 Abbey Lane, Queensbury, has new owners.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">According to the Muroff Daigle Hospitality Group, Ramji Patel and family sold the hotel to Paresh Patel, Darsham Patel, Minesh Hirpana and Akash Patel. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The transaction closed on Sept. 26 for a price of $3.2 million, said Mitchell B. Muroff, Esq., principal of the Muroff Daigle Hospitality Group. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Muroff Daigle Hospitality Group represented the seller, MPRV Enterprise LLC, in the transaction and was also responsible for securing the buyer, Velanja Hirpara LLC. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Muroff said the new owners are \u201cexperienced hoteliers with properties in other states and intend to be on-site managers to insure the quality of their guests\u2019 experience.\u201d<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><!--more-->He said the owners plan to invest more than $500,000 into the hotel to improve its guest rooms and public area. Additionally, there are plans to re-open the restaurant and bar in the coming months.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The Ramada Queensbury \/Lake George has banquet facilities, meeting and conference rooms and an indoor swimming pool.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Its phone number is 518-793-7701.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ramada Queensbury\/Lake George, a 110-room hotel at 1 Abbey Lane, Queensbury, has new owners. According to the Muroff Daigle Hospitality Group, Ramji Patel and family sold the hotel to Paresh Patel, Darsham Patel, Minesh Hirpana and Akash Patel. The transaction closed on Sept. 26 for a price of $3.2 million, said Mitchell B. Muroff, [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,10],"tags":[],"class_list":["post-29012","post","type-post","status-publish","format-standard","hentry","category-business-news","category-commercial-residential-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Ramada Inn Queensbury\/Lake George Sells For $3.2M; New Owners Plan Improvements - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2017\/10\/ramada-inn-queensburylake-george-sells-3-2m-new-owners-plan-improvements\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Ramada Inn Queensbury\/Lake George Sells For $3.2M; New Owners Plan Improvements - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"The Ramada Queensbury\/Lake George, a 110-room hotel at 1 Abbey Lane, Queensbury, has new owners. According to the Muroff Daigle Hospitality Group, Ramji Patel and family sold the hotel to Paresh Patel, Darsham Patel, Minesh Hirpana and Akash Patel. The transaction closed on Sept. 26 for a price of $3.2 million, said Mitchell B. Muroff, [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2017\/10\/ramada-inn-queensburylake-george-sells-3-2m-new-owners-plan-improvements\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Glens Falls Business Journal\" \/>\r\n<meta property=\"article:published_time\" content=\"2017-10-11T15:23:58+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2017-10-11T18:15:39+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2017\/10\/ramada-inn-hc.jpg\" \/>\r\n<meta name=\"author\" content=\"Jake Van Ness\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Van Ness\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/2017\\\/10\\\/ramada-inn-queensburylake-george-sells-3-2m-new-owners-plan-improvements\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/2017\\\/10\\\/ramada-inn-queensburylake-george-sells-3-2m-new-owners-plan-improvements\\\/\"},\"author\":{\"name\":\"Jake Van Ness\",\"@id\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/#\\\/schema\\\/person\\\/a11ec438b5f0e57f1156754ba3931b86\"},\"headline\":\"Ramada Inn Queensbury\\\/Lake George Sells For $3.2M; 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