N.D. oil boom spurs hotel construction

01/4/2013 | Hotel Interactive

North Dakota's hotel-development pipeline continues to expand in an effort to meet the population boom caused by the state's flourishing oil industry. Short- and long-term budget properties are thriving as they accommodate oil workers in need of temporary lodging. Economy and midscale properties "can be built quickly and are aligned with the daily commute an employee is making. It doesn't mean that nicer luxury hotels won't be built later, but what you'll see out there now are midscale and economy hotels," said Bruce Ford, a senior vice president for Lodging Econometrics.

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