August 20, 2012
Adelphi Hotel to Undergo Major Upgrades
Saratoga Springs — The new owners of the Adelphi Hotel in Saratoga Springs tell Forbes Magazine they plan to make some major upgrades to the historic hotel.
Locally owned Richbell Capital says that they will spend as much as $7-Million-dollars on improvements to the buildings exteriors and interior. They also plan to open the seasonal hotel year round. Renovations are expected to begin this fall.
Richbell bought the Adelphi earlier this year for $4.5 million. You can read the full article at Forbes.com
