WoodSpring Hotels launches new prototype; first Signature hotel to open this year
For now, the company plans to open eight Signature hotels in the greater Pittsburgh, Boston, Houston and Seattle markets, said a WoodSpring spokeswoman. The Pittsburgh area location, in Cranberry, Pa., is scheduled to open later this year, she said.
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Developer seeks 5000 in tax breaks in Lenox hotel project
Toole Lodging prefers the tax savings to be front-loaded in the first several years, according to the documents, "in order to assist the developer in the first critical years of startup operation when risk is highest in the hotel business and cash flow …
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