More hotels could make things challenging for owners, association head says

Moncton Hyatt Regency
Pictured is a rendering of what the 120 room hotel is expected to look like. The building will boast 142 parking spaces. The issue of parking around the centre is sometimes a contentious one. The city assures people that there is enough parking spaces in the downtown to handle a major event at the centre, while some people and downtown business remain sceptical.

The head of Moncton’s hotel association says the additional of another multi-million dollar hotel to the city will likely drive occupancy rates down, at a time when hotel rooms in the city are already often underoccupied.


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