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Park Inn expects to be “in the black” by end of 2012

MASON CITY – Historic Park Inn operator Steven Noto said Tuesday night at the Mason City Council meeting that he expects the hotel to be operating “in the black” by the end of 2012.

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.

View photos of Wright in the Park’s opening celebration from last summer, here.

Watch Noto’s presentation to the council:

httpv://youtu.be/Leqb6rk8Zos

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