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Poll results
Sponsored by Kennebunk Savings Bank
As hotel construction continues across Portland — with 10 new projects approved before the city imposed a moratorium on new hotel development — developers argue that new hotels bring jobs, tax revenue and visitors.
In June, the city extended the moratorium by six months.
With a growing number of hotel projects underway or proposed, some ask whether the market is saturated. Activists argue that developers should focus on much-needed housing.
Meantime, hotel rates routinely exceed $400 a night in Portland, so there's still apparently demand.
Sponsored by Kennebunk Savings Bank
As hotel construction continues across Portland — with 10 new projects approved before the city imposed a moratorium on new hotel development — developers argue that new hotels bring jobs, tax revenue and visitors.
In June, the city extended the moratorium by six months.
With a growing number of hotel projects underway or proposed, some ask whether the market is saturated. Activists argue that developers should focus on much-needed housing.
Meantime, hotel rates routinely exceed $400 a night in Portland, so there's still apparently demand.
- 279 Votes
- 3 Comments
3 Comments
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Alison Jacobs
October 21, 2025How about we let the market decide how many hotels the area can support? Stop with the regulations already.
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Rebecca Twiss
October 21, 2025How about new hotels being built require a certain amount of housing for their workers to be included in the design?
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The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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Carrie Yardley
I can't believe that having this many hotels is sustainable, and expect a "market correction." Sometimes developers just need to learn the hard way before realizing that consistent moderate residential revenue is a better long term investment than high room rates in a low-occupancy hotel. Particularly in a market as seasonal as ours.