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Romance writers group files for bankruptcy in Houston
The Romance Writers of America, a nonprofit aiding romance authors, seeks bankruptcy protection after mounting hotel debts from its flagship conference. Declining membership from 10,000 to about 2,000 and controversies over diversity, plus pandemic disruptions, pressured the group. It owes roughly $3 million to hotels and $74,500 to other creditors, plans a three year payment plan and swift restructuring while continuing member services. The Philadelphia Marriott and Marriott hotels dispute terms and seek termination fees totaling around $1 million and over $700,000 from Austin hosted conference losses.
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