The Greenbrier
Status: Filed for Chapter 11 in March; parent CSX is preparing it for sale, possibly to Marriott International.
Revenue: Not available
Debt: $100 million
Summary: Because of the natural sulfur springs on its property, the legendary Greenbrier hotel was once the resort of choice for Southern gentry and families like the Rockefellers and Vanderbilts. But its history has become more of a burden - the hotel still serves beef Wellington in the dining room, and efforts to modernize the place have gone nowhere. The resort has lost more than $90 million since 2003, and its owner, railroad company CSX, has been hurt by the recession and plummeting demand for shipping.
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