SAN JOSE — A landmark San Jose hotel has filed for bankruptcy for the second time in three years but will keep its doors open and operate as usual while its owner seeks fresh financing for the lodging tower.
The entity that owns the Signia by Hilton San Jose hotel in the city’s downtown filed for a Chapter 11 bankruptcy proceeding ahead of a scheduled auction of the property, U.S. Bankruptcy Court records show.
“The hotel will operate exactly as it has been,” said Sam Hirbod, principal owner of Signia by Hilton at 170 South Market St. “The doors are staying open. The guests will notice no difference.”
The bankruptcy filing is the latest visible sign of a financial conflict between the 541-room hotel, which is one of the largest…