Ardean Aafedt and his business partners bought The El Rancho Hotel in Williston during the mid-1980s and saw dramatic effects from the oil bust. Now his daughter, Cyndy Aafedt, is majority owner of the hotel as it faces new challenges related to the oil boom.
Read the article: FOTB: Educated by history; 1980s bust influences Williston hotel owners to remain cautious
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