As of Friday, the city of Middletown became the owner of the historic Manchester Inn & Conference Center as part of an effort to establish a branch campus of Cincinnati State Technical & Community College. For that reason, the Manchester's future as a hotel is uncertain, since the partnership between the city of Middletown and the college has yet to be officially made, and so the college has not made any decisions about what buildings it would use.
So it is clear that the city has taken some risks in its acquisition of buildings for this possible partnership, which regarding the Manchester involves a forgiven debt that the hotel acquired in 1993. So far it is reported that the city has spent $450,000 from the Downtown Improvement Fund to obtain buildings for possible use by the branch college. So far no comments about the fate of the Manchester have been made in the event that Cincinnati State declines the partnership or chooses not to use the building.
For more information, read the Middletown Journal article covering the city's purchase of the Manchester Inn.