Dora Hotels takes over management of DePauw’s Walden Inn

Indianapolis-based Dora Hotel Co. recently agreed to assume management of the Walden Inn, a 55-room hotel, restaurant and
conference center on the campus of DePauw University in Greencastle. The deal becomes effective July 1.

Dora currently operates more than 20 hotels, including five in downtown Indianapolis and two adjacent to Indianapolis International
Airport.

“Dora will bring active, local management and a wealth of energy to Walden Inn, which has become a DePauw institution
since it opened in 1986,” said Brad Kelsheimer, vice president for finance and administration at DePauw.

Timothy J. Dora, owner of Dora Hotel Co., said his firm will roll out specific changes at the hotel in June. “We are
determined to bring a more energized and exciting atmosphere to Walden Inn, making it a center for campus and community life.”

Located on the northern end of the DePauw campus and a short distance from Greencastle’s courthouse square, Walden
Inn was acquired by the university in February 2005.

Since then, it has been operated by Maryland-based Sodexo, which operates hotels throughout the United States, Canada and
Mexico.

Sodexo will continue to operate Walden Inn until July 1 and after then will remain the campus food service provider (except
for Walden Inn).

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