Rapid City, SD – The parent company of the Rushmore Hotel in Downtown Rapid City, Tzadik Mount Rushmore Hotel, LLC, filed for Chapter 11 bankruptcy on August 13 in the U.S. Bankruptcy Court for the Southern District of Florida.
It has since issued a public statement sent to The Rapid City Post on Tuesday, August 18th:
“The Rushmore Hotel has voluntarily filed for Chapter 11 reorganization. The hotel remains open and fully operational, and we are continuing to serve our guests and employees throughout the busy tourism season.
The Chapter 11 process provides the hotel with a structured opportunity to address its financial obligations while continuing operations and positioning the property for long-term stability and success.
We remain confident in the future of The Rushmore Hotel and are focused on providing a positive experience for our guests, supporting our employees, and remaining a valued part of the Rapid City community.”
A meeting of creditors via phone is scheduled to be held on September 14th, 2026.
