Demand from the oil and gas boom leads to five new hotel projects in the Utica shale play region

Kentucky-based Corporex Capital LLC announced recently that demand fueled by the region's shale boom is behind five hotel projects the company currently has in the pipeline, the Cincinnati Business Courier reports. The projects include a $13 million Fairfield Inn in south Canton and a $13.3 million Candlewood Suites in Carrollton, both of which are currently under construction. The company is also planning a hotel in Canton and one in St. Clairsville, plus a fifth property that is planned for the third quarter of 2014. For more, read the full story.