Alton Works Announces Feasibility Study For New Downtown Hotel
ALTON – John Simmons, President and CEO of AltonWorks today announced the start of a hotel feasibility study for a proposed new hotel in downtown Alton. The study will be conducted by HVS, a leading hotel consulting firm with offices in St. Louis and around the United States. The study will assess the demand for a new hotel in the downtown area of Alton, as well as the feasibility of developing and operating such a hotel. The study will consider a variety of factors, including Alton's economic development plans, the competitive landscape, and the availability of land and financing. HVS last completed an Alton area hotel feasibility study in 2014. This current study will build on the results of the previous study. “We are excited to move forward with this hotel feasibility study,” said John Simmons. “We believe there is strong demand for a new hotel in downtown Alton. To realize the long-term vision of downtown Alton, we need a variety of accommodations to attract
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