Marcellus drilling boom may have led to too many hotel rooms

Marcellus drilling boom may have led to too many hotel rooms
University Park PA (SPX) Sep 26, 2014 - Drilling in Pennsylvania's Marcellus Shale region led to a rapid increase in both the number of hotels and hotel industry jobs, but Penn State researchers report that the faltering occupancy rate may signal that there are now too many hotel rooms. "Demand is still high in many of the counties in the Marcellus Shale region, but the occupancy rate is starting to come down," said Daniel Mount ... more

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