Former Clearwaters Hotel to Reopen in Marshfield, Wisconsin

New Owners, Marshfield Hospitality, and IDM Group Plan a Renovation and a Re-branding with a Spring 2013 Opening is Planned for the 103-room Hotel

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. December 12, 2012

MADISON, WI - December 12, 2012 - The new owner of the Hotel formerly known as Clearwaters Hotel in Marshfield, Wis., is taking steps to reopen the hotel in spring 2013. That announcement was made jointly by Marshfield Hospitality, LLC, the owners and IDM Group, LLC, Madison, Wis., the hotel consulting firm hired by the owner to assist with the redevelopment of this hotel.

Marshfield Hospitality acquired the property back in May at a sheriff's auction. The hotel closed its doors at the beginning of year after going into foreclosure. The property has 103 rooms, expansive meeting and banquet space, an indoor and outdoor pool, restaurant and lounge. Currently the reopening plan calls for renovation of the rooms with some extended stay suites also being considered. The restaurant is set to undergo a transformation as well. The meeting space, considered among the best in the region, will be updated. The hotel will also be renamed. The search is already underway for a general manager and director of sales.

When reopened, this independently owned, mid-scale meeting hotel is expected to attract wedding celebrations, corporate travelers, groups, special events, reunions and family vacationers. Its south side location near the new Hwy. 10 bypass will make it especially convenient to access.

Marshfield Hospitality is based in Marshfield, WI. IDM Group specializes in the management of independent hotels and may be found online at www.inndevmgmt.com.

About IDM Group
IDM Group is the leading purveyor of boutique hotel development and management services in the Midwest. It offers clients expertise in acquisition, development, repositioning and management. In every community in which it has a presence, theirs is the leading property.

Its portfolio includes historic downtown properties like the Hotel Julien Dubuque in Dubuque, Iowa; lake vacation inns such as the Edgewater Resort on Wisconsin's Door County peninsula; and newly developed hotels including the Jefferson Street Inn in Wausau, Wis. and The Beloit Inn in Beloit, Wis. Most recently coming under IDM Group's management is HotelRED, Madison, Wis., located across from Camp Randall on the University of Wisconsin campus, as well as a trio of popular resorts in northern Wisconsin - The Wild Eagle Lodge in Eagle River, and Black Bear Lodge and Rustic Manor Lodge, both in St. Germain.