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Philadelphia Commercial Real Estate

YOU TELL US: Are More Hotels Needed?

The City Council Committee on Finance last week recommended a bill that would create a TIF to support the development of a W and Element Hotel at 15th and Chestnut. Some argue that more rooms are needed to satisfy demand after the Convention Center was expanded. Others are concerned that room stays might decline if Convention Center bookings drop due to factors like high labor union costs. Is subsidizing hotels in the city's best interest? Tell us your thoughts by clicking the survey to the right.

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