Extended Stay Hotel Review

Michael DeMasi Reporter – The Business Review

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A hotel construction project that had been delayed in Colonie will be moving forward this spring—a sign of the rebounding travel industry.

A 114-room TownePlace Suites will be built on Forts Ferry Road off Route 7, near the Latham Center shopping plaza at Exit 6 of the Northway.

“We’ve seen improvements in the economy that are certainly sufficient for opening new hotels,” said Ron Kendall, president of Buffalo Lodging 
 

Buffalo Lodging
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. “We’re hoping like everyone else we’ll continue to see improvement.”

Buffalo Lodging, a division of Benderson Development 
 

Benderson Development
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, owns and operates 40 hotels, mostly on the East Coast.

The average hotel occupancy …

DeMasi covers real estate, construction, retail and hospitality.

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