Hotel sector of Niagara Falls to witness sustained growth

Published on : Thursday, September 14, 2017

Niagara Falls TourismThe hotel industry of Niagara Falls is getting ready to welcome a fresh pair of hotel lodgings to its ranks this year.

 

On the other hand, an additional pair of high-priced hotel projects continue to be in design phases and possess prospective completion dates in the following years. The Courtyard by Marriott that is situated at the John B. Daly exit of the Niagara Scenic Parkway South would be opening its doors this month.

 

A few blocks away another fine hotel, the Hyatt Place by Hilton, regionally known as the ‘Hamister hotel’ is scheduled to approach the final steps in its construction process by winter.

 

The CEO of the Hamister Group, Mark Hamister said that the construction is proceeding really well at the Hyatt Place Niagara Falls.

 

Hamister went on to state that he had expected R & O Oak Hill Development, the construction management to finish off with the process in the next 40 days. Work would continue well into the initial quarter of 2018 with a scheduled opening date in the spring.

 

Hamister then said that the hotel already has a few booked weddings for next year. It is also working on more hotels.

 

He said that the breathtaking views from the banquet space on the roof that includes an outdoor patio are already gaining a good deal of attention. In the last 24 months, downtown Niagara Falls has embraced four large-scale hotel developments comprising the Holiday Inn that had received a $4million upgrade, the fresh $10 million Wingate by Wyndham Hotel, the $7 million Fairfield Inn and Suites, $37 million Double Tree by Hilton constructed on the former site of the Fallsite Hotel and Conference Center on Buffalo Avenue.

 

The Marriott accounted for a $11 million investment.

 

And the Hyatt Place would be accounting for $35 million. All of them have already received different degree of public financing.

 

Niren Patel, his son said that the growing tourism sector of Niagara Falls, along with the opportunity to come up with a higher-tier accommodation option that has encouraged his family to expand their investment in the area. Millennials are actually increasing their travel, he said.

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