The hotel is owned by a non-profit called Wright on the Park. According to their website, the hotel is managed by HPI Partners, LLC which is based in Mason City and owned by Noto.
The Historic Park Inn opened last August after a multi-million dollar renovation.
Noto claimed that the hotel has generated about $1 million in tourist revenue and has brought people to Mason City from all over the globe and nearly every state in the union.
Watch Noto’s presentation to the council: