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Home / News Stories / Study suggests glut of hotels may result from Ft. Lee growth (access required)

Study suggests glut of hotels may result from Ft. Lee growth (access required)

PETERSBURG—An analysis of Fort Lee’s expansion and its impact on the lodging business in the Petersburg area concludes a glut of planned hotels could harm the existing hotel industry. The independent analysis released Wednesday notes that 14 hotels totaling 1,123 rooms are on the drawing boards, and they pose the “greatest threat to the private market” ...