The Hotel Group OKs contract to buy the 22 story Sheraton Billings Hotel

The sale of the Sheraton Billings Hotel may be final by early August, and the new owners plan to pour $10 million into a top-to-bottom makeover of the downtown Billings landmark.The Hotel Group of Edmonds, Washington started looking at the Sheraton Billings Hotel on March 15, 2006 and has signed a buy-sell agreement. Some of the renovations would include upgrading the mechanical systems, the exterior brick being upgraded, remodeling all the guest rooms and adding a large coffee bar in the lobby.