Measuring Economic Impact Is a Win-Win for Developers and Municipalities ...Middle East

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Measuring Economic Impact Is a Win-Win for Developers and Municipalities
source : hospitality net ( Middle East ) () 33
Introduction: At a time when financing for hospitality development projects is challenging for developers, it can often mean that some projects won’t ever come to fruition. At the same time, municipalities would like to increase their hotel or resort offerings to attract travelers to their destinations while remaining fiscally responsible. When developers seek government assistance for development projects, state and local authorities must balance the needs of developers in the community with the financial realities of the project.

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