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CITY COMMISSIONS HOTEL FEASIBILITY STUDY

March 21, 2017

 

LOUISBURG — A hotel could be in Louisburg’s future. That possibility will be explored as part of a feasibility study commissioned by the city.

 

Louisburg officials retained Growth Services Group, (GSG), a national workforce intelligence and consulting firm, to conduct a hotel feasibility study for the community. As part of the study, the firm will conduct local interviews with area representatives from both the public and private sector.

The market study will provide a demographic and economic overview of the area to determine the overall feasibility of a new Greenfield hotel development. The purpose of this market study is to estimate the perceived demand and to estimate financial performance of a new hotel located in Louisburg.

 

Full article http://www.republic-online.com/news/local_news/city-commissions-hotel-feasibility-study/article_5ad07ded-f991-5c70-a2dc-63f1d2981892.html

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