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Buffalo Business Report - Tuesday, May 28th 2013



Local gas prices are at $3.76 per gallon of unleaded, according to the AAA.

The Richardson Center Development Corporation will be seeking an incentive package from the ECIDA.  A public hearing has been set for June 4th to discuss the $56.4 million renovation.  Business First reports the current plan is to convert the Elmwood Avenue landmark into a boutique hotel, events center and architectural resource center.

The Hart Hotels - Krog Corporation collaboration continues.  Following luxury hotel projects in Watkins Glen and Portland, Maine, the firms are continuing work on a $20 million 4-star hotel in Clayton, New York.  It should be open next summer.

Smith Travel Research indicates local hotel occupancy for Buffalo and Erie County was at 63% in April, topping April 2012 numbers by 2.1%.  For the year, Buffalo and Erie County hotel occupancy is off 2%, blamed mainly on the NHL lockout.

Do you think the Bills Stadium Committee meetings should be public?
  Yes, the public should know what's going on
  No, being public might affect talks in a negative way
 
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