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Wednesday, December 4, 2013

Hotel Construction in Six Ohio Counties Driven by Shale Boom

From Crain's Cleveland Business:
In one Ohio county that is home to roughly 30,000 people, the number of hotels open for business is about to double to four. A Candlewood Suites broke ground this month and construction began last month on a Microtel Inn & Suites in Carrollton, the largest village in agricultural Carroll County. 
The neighboring counties see it, too: hotels rising from the ground and existing hotels undergoing renovation to make room — or literally, rooms — for those manning and operating wells and otherwise working in Ohio's Utica shale region.   
It is a level of hotel building not seen in years, if ever, for some of these municipalities.

In Stark, Carroll, Columbiana, Jefferson, Guernsey and Belmont counties — which in 2010 had fewer residents collectively (692,459) than the city of Columbus — 10 hotel projects are in various stages of planning, seven hotels have broken ground, two have been remodeled and one opened just last week in Steubenville, in Jefferson County. 
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