Drill Capital To Build A Hotel In The Center Of Utica Shale Formation

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Drill Capital To Build A Hotel In The Center Of Utica Shale Formation

Drill Capital LLC, an investment management firm focused on investing in the energy sector in North America, inked an agreement to build a new hotel at the center of the Utica Shale formation in Eastern Ohio to take advantage on the increasing demand for the lodging and accommodations in the region.

Drill Capital’s hotel plans

According to the investment management firm, the three-story hotel will have 83 rooms and it will operate under one of the brands of the Wyndham Hotel Group. The new hotel is expected to open in the second quarter next year.