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Holiday Inn entrance

The Holiday Inn Grand Montana and Montana Convention Center feteched $7.85 million from an undisclosed bidder in an online auction that closed on Thursday afternoon. 

The Holiday Inn Grand hotel on Billings' West End fetched a top offer of $7.85 million from an undisclosed bidder in an online auction that closed Thursday.

The two-day sale hosted by Auction.com attracted several bidders and went well above the minimum bid of $2.5 million. The property is now in escrow, and auction details will be made public once the deal has closed, according to the auction company.

A message left for Herb Warmbrodt, who represents the East Coast sellers, was not returned Thursday.

The 33-year-old Holiday Inn Grand is owned by Rhode Island-based Hotel West II LP and managed by another East Coast firm, the Procaccianti Group.

Holday convention center

The Montana Convention Center is part of the Holiday Inn Grand Montana complex. The business fetched a top offer of $7.85 million from an undisclosed bidder in an online auction that closed Thursday.

The sale includes the 43,414-square-foot Montana Convention Center, the largest stand-alone center of its kind in town and a popular venue for large group meetings.

The seven-story Holiday Inn Grand has 316 rooms and three buildings on a 14-acre site just south of the Interstate 90 exit at 5500 Midland Road.

In a previous interview with The Gazette, Warmbrodt said the hotel had attracted interest from multiple national chains.

The new owner’s plans will play a big role in the Billings Chamber of Commerce’s push for a new, taxpayer-funded convention center costing about $60 million.

Chamber officials have said that if the new owner makes sufficient upgrades to the Holiday Inn Grand, a new convention center may not be necessary. 

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