Haynesville Shale slowdown hitting hotels

The hundreds of hotel rooms planned or under construction in Shreveport-Bossier City might be missing their intended clients. The hotel operators had counted on guests in town for business in the Haynesville shale oil field, but a slowdown of natural gas production has cut into room nights. More than 1,300 hotel rooms are in final planning phases or under construction in Shreveport-Bossier City. An additional 169 rooms have gone into operation this year in Bossier City: the 85-room Holiday Inn and Suites and the 84-room Windgates by Wyndham. Four more hotels in Bossier City and two in Shreveport—with 541 rooms between them—are in the final planning stages. "Much of that construction and planning began in 2010 when the Haynesville shale was in full swing," says Shreveport-Bossier Convention and Tourism Bureau President Stacy Brown. "Those are mostly limited-service locations which are interested in capturing a more transient business." The Shreveport Times has the full story here.

comments powered by Disqus