property units to be sold separately. The hotel part of the tower with restaurant, consisting of the lower eleven and the two highest floors as well as the parking level went to the entrepreneur Franz Lauer from Fürth. That was however far from being the end of the building's problems: in April 1989 the Swiss company "Toga Hotels" acquired the building's hotel wing, whose lease to Holiday Inn ran out one year later. Swiss operator Martin Zoller re-opened the hotel under the name Turmhotel ("Tower Hotel"), but he was forced to declare bankruptcy in March 1993. The 303 beds were controlled by the trustees of the bankrupt's estate, who suggested a new use for the building as a home for asylum-seekers or the elderly. Since the city strongly opposed these plans, they were again rejected and the 185 hotel rooms remained unused. On May 8, 1996, the hotel wing again went into administration and was again put up for auction. It went for 20.9 million Deutschmark to the "First National Holding Venezuela" owned by the mineral oil company Hertel, who wanted to establish a 3-Star hotel under the name of "Goodnight" for a price of 7.2 million Deutschmark. This hotel would have had 108 rooms and, as well as, seven floors being used as a home for the elderly and the disabled. For years, however, nothing happened. Renaissance In January 2000 the solution arrived for the owners of apartments in the building, who until that time had also had to carry the additional cost of the hotel wing: the entrepreneur Dr. Wolfgang Ebertz from Cologne purchased the hotel for 12 million Deutschmark. After seven years of inactivity, the builders now came and completely refit the building, investing 45 million Deutschmark into it. In the year 2002 the hotel was reopened as the Dorint. Millions were also invested in refurbishing the private apartments above the hotel, which now possess among other things a new entrance with a concierge and the largest video monitoring system in any German house. The facade was also renovated. Transmission installations The hotel tower has an antenna mast on its roof, from which the following VHF radio channels are transmitted: References This article is based on a translation of the corresponding article from the German Wikipedia, accessed 23–24 April 2005. External links Official site (in English) Hotel buildings completed in 1972 Buildings and structures in Augsburg Skyscraper