PITTSBURGH - GAI Consultants Inc. has acquired Lee-Simpson Associates Inc. andReal Estate Research Consultants Inc. to expand its services in airport design and real estate development. The Pittsburgh-based buyer, an engineering and environmental services firm, now has 23 offices in the Northeast, Midwest and Southeast. The plan is to retain Lee-Simpson's office in DuBois and RERC's Orlando base of operations. Lee-Simpson provides airport is...
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PHILADELPHIA - Natural gas exploration and production has resulted in northeastern Pennsylvania's hotels ringing up double-digit RevPAR growth every year from 2007 through 2011. Counties benefiting the most from the Marcellus Shale gas play are Bradford, Lycoming, Susquehanna and Tioga. The estimated annual RevPAR growth has been 14.8 percent and the average daily room rate is up 7.8 percent, according to a new by...
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