Johnstown Comfort Suites files for bankruptcy after foreclosure notice

JOHNSTOWN — The Comfort Inn and Suites in Johnstown has filed for Chapter 11 bankruptcy, a month after its creditors issued a $6.4 million foreclosure demand.

The hotel, a subsidiary of Fort Collins-based hotel developer and operator Spirit Hospitality LLC, declared assets of $14.17 million and liabilities of $10.27 million, according to documents filed to the Bankruptcy Court of Colorado.

Spirit claims the hotel had gross revenues of just less than $1.2 million so far in 2020, compared to just more than $2.76 million in 2018 and 2019 each.

Businesses in Chapter 11 bankruptcy…