Trubey, J. Scott. “Atlanta’s Historic Georgian Terrace Sold for $61 Million.” MyAJC. Atlanta Journal Constitution, 04 Apr. 2014. Web. 22 Feb. 2016. <www.myajc.com/news/business/atlantas-historic-georgian-terrace-sold-for-61-mil/nfQBk/>.

An historic monument, such as the Georgian Terrace, being sold would of course generate news. The article in question is a report of the happenings behind the transfer of ownership of the old hotel. The buyer, Sotherly Hotels, plans to continue renovations, according to the article it will, “overhaul about two-thirds of the hotel’s 326 rooms”. The Article made sure to also note the assurance made by Scott Kucinski, a vice president of sotherly, specifically of “operations and investor relations”. He said that the company would respect the iconic image that the hotel has maintained over the decades. This shift in ownership will result in a change of the company managing the Terrace, from Crescent Hotels and Resorts to Chesapeake Hospitality, though the article mentioned that the vast majority of employees would be retained. The article describes a bit of the contemporary situation the hotel finds itself in, a change of management can be a big deal for a hotel and so it should be properly reported upon.