An online listing says the starting bid for the Radisson Paper Valley Hotel in Appleton is $7.5 million.
An auction for the 388-room downtown hotel begins Dec. 1 and ends Dec. 3.
The city has been talking with the hotel investors about plans for a $27 million Fox Cities Exhibition Center. Hotel general manager Jay Schumerth says the exhibition center is a priority for the Paper Valley Hotel because it will mean many more visitors for the area.
Post-Crescent Media reports that the Paper Valley was built in 1982 and has more than 38,000 square feet of meeting and banquet space and includes the Vince Lombardi Steakhouse.
Reported by: JSOnline.com