Penn State plans to sell the Nittany Lion Inn and Penn Stater Hotel and Conference Center and lease the land they're on to a company that already owns two hotels in State College.
Penn State's Board of Trustees unanimously approved for the university to enter into a ground lease and purchasing agreement for the Penn Stater Hotel and Conference Center and the Nittany Lion Inn.
A recent set of proposed resolutions, made by the Penn State Board of Trustees, was approved on Wednesday that presented details of a proposed transaction between the university, Real Estate
Penn State’s two hotels near University Park — including the iconic Nittany Lion Inn — are poised to be sold to a third party this fall and will remain in operation, based on a resolution passed unanimously Wednesday morning by the board of trustees. Scholar Hotel Group, which opened a
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