New Casino - impact on STR?

[Alicia Hall]

Curious how you all would think a resort + casino going into a STR market will go and the impact? I have a property I'm wanting to put an offer on but found out that will be being built in the next year or two!

I see how it could bring more people, but also couldn’t it have a flip side to that too? 

[Dustin Allen]

@Alicia Hall

The question is how many rooms will be added with that casino resort and are they going to draw more people than they can house? If people are already traveling there, they probably figured there was more than enough demand for room nights to add the rooms they are adding.