Poseidon Hotel Ventures Proposes 114-room SpringHill Suites for New Smyrna Beach, Florida

February 10, 2015

NEW SMYRNA BEACH, Fla., Feb. 10, 2015 - If the New Smyrna Beach City Commission approves a hospitality land use amendment, economists forecast that a proposed SpringHill Suites by Marriott will stimulate the local economy with 120 temporary construction jobs and an additional 40-50 permanent jobs when the hotel opens. Research Data Services provides research and analysis to clients who need to make informed business decisions. CEO Dr. Walter J. Klages estimates that the 114-room hotel developed by Poseidon Hotel Ventures, LLC will have a five-year $87.3 million overall economic impact on New Smyrna Beach. The cost of the development is ...