The head of D.P. Murphy Inc. has expressed some interest in buying the Holman Grand Hotel in Charlottetown, P.E.I.
Danny Murphy said he'd consider a possible deal once the owner of the $25-million Holman Grand Hotel goes through creditor protection.
Murphy already owns three hotels and a motel in the Maritimes. He has plans to develop several more, including the possibility of a new venture in Charlottetown.
Murphy said he could buy the Holman Grand instead, but that much depends on the owner, Homberg Invest.
The Halifax-based company went into bankruptcy protection in September. One of the largest creditors is the P.E.I. government, which is owed at least $16 million for the hotel alone.