North Vancouver and. Vancouy er. set. Up. Toadblock

‘outof work.

» cupaney:-fore

> bleeding financially!’
‘declined to release the hotel’ 8 fi-
; nanéial, losses.

imant =

‘good ; ‘Financial

Comedians
come to-
North Van
"PAGE 38

THE,
nently «Nov 2s

“The decision’ “by Toronto- based

“MIP Hotels Eid to pullithe plug

Vancouver. hotel
financial and. oc-
is for the Interna~!

on its North!
follows |. bleak

tional Plaza
‘am)sorry,”"
Hans Gerhardt said. Tuesday.
Wwas' noteasy. V feel-very sad ‘about
whole thing, = but /we vere
‘Gerhardt

yy Pp president’,

Property Man

spokesman

ehndorft
Ltd

1985, “and we knew. it didn’t look

AI.152. of. the hotel’ s, ‘tooms, she
gaid, are set eduled (o be converted :
nto rental’ units similar ito -the, 368
riments alt ady i in ihe cone ‘

“Gerhardt said, “We ive at:

: 65 -per scent: (occupancy) to,
i make: mone :

made <a. small: ‘profit for the’ first
time sin -eight" )
sonable occupancy for:September;

the horel, was facing

152-Foom International P|

Te

: ‘Deborah.
= Kirk ‘said: Monday the hotel had:
“been negotiating for :a new" lease
-with, Lehndorff, the owner. of the ~
“International Plaza ‘complex, since:

troduced Ja usigue | B.C:

casts: ‘showed :

ears and. had rea- -

‘wonders.
PAGE 41.

Hotel will close: perm:

throwing, 436 full:and part- -time employees

“and beverage ‘outlets will,
Now. 2:
7 AS a result,
(parts stime employe
jobs... 1
<The" international Plaza opened -
in.1974 -and! introduced: to -North
“Vancouver” and: the
“Mainland such flamboyant ¢
“periments as the , Plazazz : Show
‘Lounges: which, brought
“tional enteftainment 19. the are
“18 months before i it. was cldsed
Recent renovation to. the hotel.
and its image: had. upgraded the,
Plaza restaurant, - which in-

‘90. full: time and 46
Swill Jose their

installed : a new «.pidno lounge,
began .24- hour’: room | “service and +
‘introduced . a hotel: limousine. sere:

The.
had’ just
a ‘management. in
eft.

Eursonor, Albert :
‘Hs? trdgic,’
iPlaza head’ chef Bruce * Milligan.
» said Tuesday of the hotel’s closure.
“We are still in a’ bit of shock

close :

interna-

here. You. see: the. writing on the. :

swally but never think it’s going fo.
happenslt'sa hell of a shock.”

Commercial and 'retail tenants in’!
the. International « Plaza’ complex, ¢

including’ the Ron: Zalkd Health
Club, will not be affected by: the’,
hotel’ 5 closure j
; Lehndorff": “Rob ‘Kemp t

future of the hotel’ §.food-and b

really trie Pag
e At just Herero acs

Lower.)

cuisine, 3"

hternational