Current Projects >> Market Drivers - Marcellus Gas
January 11, 2011 Newsletter - click to read
December 16, 2010 Newsletter - click to read
November 16, 2010 Newsletter - click to read
September 2010 Press Release - click to read
September 10, 2010 Issue Alert - click to read
"Natural gas industry a boon to Centre County hotels":
"Occupancy rates at some Centre County hotels are booming, fueled by Marcellus Shale gas. Hotels in areas nearest gas drilling operations are
boasting 30 to 50 percent increases in overnight stays thanks to the influx of personnel extracting natural gas from the rich deposits located
5,000 feet or more under the ground. Philipsburg’s Harbor Inn packed gas workers into 25 of its 65 rooms from January through June, according
to general manager Dolores Hollabaugh. “Our winters are usually really slow, and having them brought us way up,” Hollabaugh said. “Revenue
went up 40 percent.” ... Their numbers have increased so much so that several places that previously only filled up on Penn State football
weekends now report they’re regularly booked up once or twice a week. ... “There’s no question it’s having a positive impact on the hotel,”
Purdum said. (Centre Daily Times, 9/13/10)