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Wardman Hotel Owner reports $403,093 net profit for May period
By Sarah Lizee
Olympia, Wash., June 17 – Wardman Hotel Owner, LLC reported a $403,093 net profit on $37,597 of net revenue for the May period, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The company listed $2.3 million of unrestricted cash and equivalents as of May 31.
Washington, D.C.-based Wardman Hotel is the owner of a convention hotel, formerly operated as the Washington Marriott Wardman Park Hotel. The company filed Chapter 11 bankruptcy on Jan. 11 under case number 21-10023.
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