Thursday, January 4, 2007

Hopeful hotels...

Last I heard, the deadline for hotels to submit their proposals for the Harrison Square project was sometime in early February. Maybe around the 12th or 13th.

Now, as of this moment, there haven't been any proposals announced. Now remember this doesn't mean nothings going to happen. Last I heard, there were a couple Hotel chains looking at investing in the project and becoming downtown Fort Wayne's third hotel, although I'm not completely positive on that information and I can't verify that.

Now as it has been noted before, a new hotel downtown at the moment would be a complete flop more than likely, simply because there's no business for another hotel downtown at the moment. Look at the Holiday Inn for example, last I heard they have an average occupancy rate of 44%. And those numbers are likely to drop if a new hotel were to be added.

Now the addition of a hotel with the Harrison Square project, I honestly think is a brilliant plan, given that you need to give people a reason to stay downtown before you build a hotel, and Harrison Square could do just that.

So in short, a new hotel downtown would likely be successful, especially with the possible closing of the downtown Holiday Inn. Now we'll just have to wait and see if the proposals come in...

1 comment:

Anonymous said...

People should read this.