first_img A few years ago, hotelier Amit Garg decided to delay plans to build a new hotel in Odessa. The oil workers he would need to rely on as guests for weeks at a time were being laid off by the thousands, and the local hotel industry as a whole suffered sharp drops in occupancy and room rates.Now, as a new oil boom is driving growth in the local economy and increased the demand for hotel rooms, Garg plans to build again.His family company, G&G Hospitality, recently took out a building permit from the city for an estimated $4 million extended-stay hotel at 201 South JBS Parkway. Plans call for a three-story Hawthorn Suites with 82 rooms.“Things have started picking up, and we see the need for an extended stay in the market,” Garg said. “People are coming in for longer assignments.”Indeed, market watchers say the new building coincides with a rebound in the local hotel market. But it remains to be seen whether another surge in hotel construction lies ahead, after the previous boom left the area overbuilt once demand cratered.“There could be another flurry of building, there absolutely could be — the numbers are there to support it,” said Keith Dial, past president of the Permian Basin Hotel and Lodging Association and a vice president with MTP Hospitality, which owns hotels in Midland and Odessa. “But people should really think hard, especially the financial folks because without a doubt we have come forward, but we will also go backward. It’s just the nature of it.”In Odessa, 2013 and 2014 saw a total of 14 hotels open or begin construction. The buildup left the city with more than 3,900 rooms by 2015. Some hotels that began building during the boom were forced to open as the market tanked. And today the Odessa Convention and Visitors Bureau reports more than 4,400 rooms.By 2016, Odessa hoteliers struggled to stay half full, averaging about 47 percent occupancy during the year.But their fortunes have improved amid increased oilfield activity, and room rates have rebounded.In some cases, rooms again run higher than $400 during the busiest weeknights, CVB director Monica Tschauner said.“That immediately raises eyebrows for those wanting to invest,” Tschauner said.Rooms at hotels in Odessa and Midland will regularly rent for well over $200, but Dial said it’s also increasingly common for hotels to cut deals for rate agreements with oil companies that rent several rooms at once.In G&G Hospitality’s case, Garg said they saw demand rise at their extended-stay hotel in Midland, a Mainstay Suites. That hotel, similar in size to the one they are building in Odessa, had struggled to reach 50 percent occupancy two years ago. But now they stay closer to 80 percent full. Garg said they had always planned to build the hotel on JBS Parkway and wished they had started a year ago. But the timing still seems right today, Garg said, and the goal is to open by the end of the year.“We were committed,” Garg said. “And I’ve been living here 17 years, so I’ve seen this cyclical pattern. I was confident. But you know, no one knows.”MorePrevious coverage: Oil drop affects local hotels Construction proceeds on the downtown hotel and convention center Wednesday after a heated debate at Tuesday’s city council meeting became a focal point between investor Sondra Eoff and city councilman Malcom Hamilton, which was supposed to be a discussion about the “pros and cons of single-member district representation, at-large representation, and strong mayor representation.” Local NewsBusiness Hotel building resumes as rates, occupancy climb Twitter Facebook WhatsApp Previous articleELDER: Tariffs and economic populism: Good politics, bad economicsNext articleNew OFR recruits sworn in admin RELATED ARTICLESMORE FROM AUTHOR Twitter Pinterest By admin – March 17, 2018 center_img Pinterest Rattler Midstream: 4Q Earnings Snapshot Snap Inc. to Participate in the Morgan Stanley Technology, Media & Telecom Conference 2021 Home Local News Business Hotel building resumes as rates, occupancy climb Facebook Octopus Energy U.S. to Discount Customers’ Bills by as Much as 90% WhatsApp Creamy Fruit SaladTexas Fried ChickenSmoked Bacon Wrapped French Vidalia OnionPowered By 10 Sec Mama’s Deviled Eggs NextStay last_img read more

first_imgJersey City man dies from gunshot wounds; second victim woundedAccording to Hudson County Prosecutor Esther Suarez, on Dec. 1, Tyrone J. Wilson, 26, of Jersey City sustained multiple gunshot wounds to his upper torso. A preliminary investigation found that Wilson was transported to Jersey City Medical Center by private vehicle where he was pronounced dead at approximately 11:40 p.m.Jersey City police officers discovered there was a second victim of the shooting who was found on the corner of Grand Street and Prior Street in Jersey City. The second victim was shot once in a lower extremity. The victim was treated at the scene and then transported by ambulance to JCMC for additional medical treatment. The victim’s condition is unknown at this time. No arrests have been made in connection with the shooting. × The Prosecutor’s Homicide Unit is actively investigating the case with assistance from the Jersey City Police Department. Anyone with information is asked to contact the Hudson County Prosecutor’s Office at (201) 915-1345 or to leave an anonymous tip on the Hudson County Prosecutor’s Office official website at: http://www.hudsoncountyprosecutorsofficenj.org/homicide-tip/. All information will be kept confidential. Compete for cash prizes in JC’s ‘Best Christmas Decorated Home’ contestResidents are invited to compete in the 2016 “Best Christmas Decorated Home” contest. Grand prize winners will receive $1,000 cash and a plaque. Teams will go out and film the houses, so entrants must notify the studio as soon as possible in order for the crews to schedule a visit. Email the street address to [email protected] or tweet to JCHudsonMedia. For more information contact Pat O’Melia at (201) 963-6700.Volunteers needed to shovel for senior citizensMayor Steven M. Fulop, the Department of Public Works and the Jersey City Health Department/Office of Senior Affairs announced last week that applications are now open for the second year of the ”JC Shovels” program, launched last winter in order to alleviate winter storm stresses for the city’s most vulnerable senior citizens. The program connects seniors with nearby volunteers who will be deployed to shovel walkways and sidewalks following a snowstorm.Last winter, 175 seniors were served by 168 volunteers and the administration is hoping the program will grow this year. Anyone interested in volunteering can sign up through the link https://goo.gl/forms/GfCaF8ui3ThP9npO2, by emailing [email protected] or calling (201) 547-4391. Once a roster of volunteers is assembled, DPW will map geographically where the volunteers are located and connect those volunteers with seniors in their neighborhood.Seniors who own their own home and who would like to apply for assistance this year can request an application by emailing [email protected] or calling (201) 547-4391. Completed applications should be mailed to the Jersey City Department of Public Works, at 13-15 Linden Ave. East, 3rd Floor, Jersey City, NJ 07305. All applications are reviewed by the Department of Health and Human Services to determine eligibility. Once the application is approved, seniors will receive confirmation letters via mail or email.Cristina Fontanelli sings Italian and Christmas classics in New York concert Dec. 18Award-winning singer Cristina Fontanelli, who grew up in Hoboken, will perform her program of Italy’s best-loved songs, arias, Neapolitan and Christmas classics during her 13th annual “Christmas In Italy” show at the Washington Irving Campus Landmark Theater, 40 Irving Place (between 16th and 17th Streets), Gramercy Park, New York, on Sunday, Dec. 18 at 3 p.m.Fontanelli calls her show “a love letter to her Italian heritage and a tribute to her grandparents.”“I began this beloved annual holiday tradition to preserve Italy’s great classic and popular songs and to teach them and, more importantly, the values they represent, to younger generations,” she says. The Ronzoni Company is sponsoring and will give the entire audience a Ronzoni spoon and coupon for a box of free pasta. Tickets and information can be purchased at 1-800-838-3006/Event 2604895 and online at http://christmasinitaly.bpt.me. More information on Fontanelli can be found at www.cristinafontanelli.com, and on “Christmas in Italy” at www.christmas-in-italy.com .For this special one-day event, she will sing Italian songs such as “Torna a Surriento,” “Mamma” and “O Sole Mio,” plus Christmas songs, and will be accompanied by world-class musicans on piano, mandolins, guitar and accordion. The Little Language Studio of Brooklyn (Alberta Gulotta, teacher) will sing the traditional Italian Christmas carol “Tu scendidallestelle” (“You came down from the stars”), the children of the Jersey City Ballet will dance to “Dominick the Donkey” and the choir will perform the great choral pieces written by Giuseppe Verdi plus Christmas selections. A portion of the proceeds will benefit a children’s charity.Remembering Pearl Harbor by serving therePetty Officer 2nd Class Monica Hamm, a 2007 William L. Dickinson High School graduate, is assigned to the Navy’s U.S. Pacific Fleet Headquarters in Pearl Harbor. As the nation pauses to remember the attack on Pearl Harbor, which occurred 75 years ago on Dec. 7, 1941, the occasion has special meaning for her, serving in the U.S. Navy in the very location that drew the United States into World War II.According to Navy officials, the U.S. Pacific Fleet is the world’s largest fleet command, encompassing 100 million square miles, nearly half the earth’s surface, from Antarctica to the Arctic circle and from the West Coast of the United States into the Indian Ocean. The U.S. Pacific Fleet consists of approximately 200 ships/submarines, nearly 1,100 aircraft, and more than 140,000 sailors and civilians.Hamm is responsible for administrative awards, travel, evaluations, and leading sailors. “The best thing about my job is getting to travel to different platforms in the Navy,” said Hamm. “I like the travel and meeting new people. I like to be cultured.”Being stationed in Pearl Harbor, often referred to as the gateway to the Pacific in defense circles, means that Hamm is serving in a part of the world – the Pacific – that is taking on new importance in America’s national defense strategy. “For me, it just makes me proud to serve and be able to contribute with the huge sacrifices that the men and women who came before us made,” said Hamm.While much as changed in 75 years, American sailors’ core attributes of toughness, initiative, accountability and integrity remain today. The last legacy of the heroism and determination exhibited on Dec. 7th, 1941 is the heritage Hamm and other service members remain committed to live up to in the 21st Century. “It’s important for those of us serving in Pearl Harbor today to remember the sacrifice of those who served before us,” said Adm. Scott Swift, Commander, U.S. Pacific fleet. The important work we do everyday honors those who were here 75 years ago and is a testament to the enduring value of our navy’s mission.” – By Petty Officer 2nd Class(SW) Brian T. Glunt, Navy Office of Community Outreachlast_img read more