Tougher Rules For Hotel Incentives

July 20, 2012 Updated Jul 20, 2012 at 7:34 AM EDT

By WKBW News

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July 20, 2012 Updated Jul 20, 2012 at 7:34 AM EDT

BUFFALO, NY - It's getting tougher for hotel developers to land incentives from industrial development agencies. A report in today's Business First says developers could seek incentives for at least eight local hotel projects, including the Courtyards by Marriott at Canalside. This week, the Erie County Industrial Development Agency came up with new proposed rules for hotel incentives, saying the project must meet certain criteria like having impact on convention bookings or offering re-use of existing properties. Officials will likely vote on the changes August 20th.

No matter how successful your business is, it can always get better. That's the purpose of the Mentor a Manufacturer program through the Buffalo Niagara Partnership. The goal is to learn about growth and management from other executives. Companies like Buffalo Litelab have had success boosting revenues by millions. Organizers say as a business moves from the entrepreneurial stage to midsize to global, it can learn from other businesses You can read more in today's Business First.

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