Landmark Oregon coast hotel that’s full of books and shuns Wi-Fi has been sold

Forty years after two Portland women took a gamble on a tumble-down oceanfront hotel, the landmark Sylvia Beach Hotel in Newport has a new owner.

Goody Cable and Sally Ford, who opened the doors of the literary-themed hotel in March 1987, signed the final papers Friday, turning over the keys to John Lee, managing director of the Portland-based VIP Hospitality Group. The sale price was not disclosed.

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