(Richmond, IN)--A new hotel may be headed to an area of Richmond where multiple hotels exist. A “sale pending” sign is now posted on a piece of property on Commerce Road very near the Rec Plex. An unidentified hotel management firm is working to purchase the property. Closing on the sale has not been set. Another nearby hotel is nearing a re-opening date. Renovations at the former Quality Inn are nearing completion. The manager of that facility last week refused to give an approximate re-opening date.