Hotel Zoso owners file for bankruptcy
Hotel Zoso in downtown Palm Springs is facing some financial troubles. It's owners have filed for bankruptcy.
This nearly a year after a Las Vegas-based private equity firm with financial interests in the hotel filed for bankruptcy in Nevada.
The hotel's owners says the filing is a standard business practice to restructure their debt.
There are no plans for any lay-offs or changes in the hotel's day-to-day operations.
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