Alpine Lodge in Fairbanks, Alaska, sold to Malbco Holdings

The Alpine Lodge in Fairbanks, Alaska, was purchased by a Washington-based hotel company, according to the hotel's former owners.

The 113-room hotel, which is located near Fairbanks International Airport off Airport Way, was bought by Malbco Holdings. Malbco is looking for franchise opportunities and plans to flag the hotel with a major hotel chain in the near future.

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Alpine Lodge was opened by Larry Dotson, Paul Gitschel and Yvonne and Kevin Temple in 2007. The attached Finish Line Restaurant and Lounge opened the following year. Hospitality Associates will operate and manage the hotel and expects to retain most of the staff from the hotel and restaurant.

Kevin and Yvonne Temple will continue to operate the restaurant and lounge until the liquor license can be transferred. They plan to remain in Fairbanks after departing Alpine Lodge.

The purchase will reportedly include renovations this fall to make upgrades to the hotel and restaurant.

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