June 11, 2024
Art Investment

Grosse Pointe couple buys hotels, restaurants in Northern Michigan


A Grosse Pointe couple is purchasing a collection of hotels and waterfront restaurants from Stafford Hospitality in northern Michigan, the entities announced Thursday.

Jon and Lauren Cotton, who bought the Hotel Iroquois on Mackinac Island in 2020, are expanding their boutique hotel empire. Jon Cotton is the former president and chief operating officer of Meridian Health Plan Michigan.

The transaction includes The Bay View Inn in Bay View, The Perry Hotel in Petoskey, The Crooked River Lodge in Alanson, The Pier Restaurant in Harbor Springs, The Weathervane in Charlevoix and The Noggin Room Pub in Petoskey.

Bay View, located at the tip of the Mitten that’s known for its Victorian homes, is on the National Register of Historic Places. And, like its neighbor to the north ― Mackinac Island ― prime tourism season in Bay View also runs May through October.

The Bay View Inn in Bay View, Michigan is among the Stafford Hospitality properties being sold to Lauren and Jon Cotton, owner of the Hotel Iroquois on Mackinac Island. the deal is expected to close in January 2024.

The portfolio of Stafford properties will now be managed by Hotel Investment Services of Troy.

“It is a tremendous honor, and responsibility, that we will be standing on the shoulders of oneof the great hospitality legacies in Michigan,” Ron Wilson, CEO of Hotel Investment Services, said in Thursday’s news release announcing the sale. “Stafford is an innkeeper’s innkeeper who has dedicated his working life to the art of hospitality.





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