2016-04-28 / News

Hotel looking for local investors

Michael Lindner of Hotel Research and Development speaks to more than 30 area residents about plans to build an AmericInn hotel in Staples. The meeting was held April 19, at NJPA, Staples. Lindner said after going over the numbers, he believes Staples could support a 50 room hotel with suites, based on corporate traffic and feasability studies. “I’m not seeing this in markets five times this size,” said Lindner. The meeting was to attract local investors, which LIndner said is a crucial part of his business model, because it creates a sense of a community-owned hotel.

The current plan would be to start construction this fall and have the hotel completed in spring, 2017. “It’s a little early to tell if we’re on track yet but as we continue with our follow-up contacts, we should get a good feel in the next few weeks,” said Lindner. (Staples World photo by Mark Anderson)

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