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Company negotiating for two Penn State hotels buys 2 more in Happy Valley

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Scholar Hotel Group now owns a hotel near Syracuse University, another near West Virginia University and four in the State College area

A company that is negotiating with Penn State to purchase and ground lease The Nittany Lion Inn, shown here, and the Penn State Hotel and Conference Center, recently purchase two more hotels in State College. Joe Hermitt | jhermitt@pennlive.comScholar Hotel Group, which is currently negotiating with Penn State over its two campus hotels, recently purchased two more local hotels — for nearly $25 million — to further expand its footprint in Happy Valley.

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