Development in the Poconos isn’t done yet! Township officials have announced plans to create a massive $350 million development project dubbed Pocono Springs Entertainment Village, which will include a 75,000 square foot aquarium, a movie theater, helium balloon rides and space for a slew of retail and restaurant spaces. The site is adjacent to the Kalahari Resorts & Conventions and construction is expected to begin next May.
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Hotel Feasibility Study Methodology
July 19, 2020
A hotel feasibility study is generally required by the mortgage lender or investor before a developer or organization is able to move forward with constructing a new hotel. Typically completed by an independent third-party consultant who specializes in analyzing hotel projects, a feasibility study determines whether a proposed hotel development is economically feasible and if
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