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Tuesday, May 31, 2011

Five More Hotels To Open In Dickinson By End of 2012 -- Bakken, North Dakota, USA

Link here (regional link).  Another story, same source, dated June 10, 2012 -- same info?

Data points:
  • Construction continues on three hotels
  • Two more planned by end of 2012
  • La Quinta Inn & Suites: 79 rooms, pool
  • Candlewood Suites: 90 rooms
  • La Quinta in area of Pizza Hut and Country Kitchen
  • Candlewood at intersection of Sims and 14th Street East
  • Microtel Inn & Suites, could open this week; 79 rooms
  • Hampton Inn & Suites, under construction; 85 rooms
  • The Astoria (previously Albertson's): 95 rooms
Folks are still skittish about the boom and bust cycle of the oil industry; they've been through this before
“I think those extra hotels coming in are going to be needed,” a spokesperson said. “They’re going to give some relief for the visitor industry coming in.”
However, she is unsure if the hotels will be needed if the oil boom busts.
“Currently we need the hotels,” she said. “We need every room, but we’re going to have to see where prices are at and what happens with the energy industry.”
The Bakken analysis (linked on the sidebar at the right) says that it will take until 2030 to drill out the Bakken and the Bakken will produce through 2100.