The Economic Times

In 1983, Indiana's West Baden Springs Hotel was left vacant and decaying; a medical-device company helped fund its $35 million rescue, and it reopened as a hotel in 2007

Once a beacon of luxury, West Baden Springs Hotel succumbed to neglect post-1932 closure. In 1996, its revival began when the Historic Landmarks Foundation acquired the site, collaborating with the Cook Group on restoration efforts. By May 2007, the hotel welcomed guests again after nearly 75 years, showcasing successful heritage preservation and community involvement that secures the site's lasting legacy.