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Ocean Hospitalities Appointed Receiver for the Day's Inn
 in Watertown, New York

Watertown Daily Times, N.Y.McClatchy-Tribune Regional News

July 22, 2009 - Watertown's Days Inn has gone into receivership with its bank, a step toward possible foreclosure.

Doug Hirsh works for management company Ocean Hospitalities Inc., Portsmouth, N.H., who was hired by the bank to manage Days Inn. He said the receivership began Friday.

He said owner Patrick A. Cosentino II, Dynamic Enterprises, Buffalo, still has the opportunity to come current with loan payments and maintain ownership of the hotel.

"We're doing business as usual," Mr. Hirsh said. "The staff is still here and guests won't notice any difference."

The phone number for Dynamic Enterprises was disconnected.


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