When Patrick Russell points out to wife Kate that "he [Adam Chance] did used to run this hotel", Kate angrily replies "No, not this hotel - a MOTEL on this site". However, Crossroads had been extensively redeveloped after a 1981 fire, and was ultimately rebranded as a hotel in 1987 whilst Adam was still management.
When the original show ended in 1988, Jill Chance (later Harvey) had not owned any shares in Crossroads for several years. However, a key plot line of the 2001 incarnation was Jake Booth's attempt to get a stake in the hotel by purchasing a 30% stake apparently owned by Jill.