SWPA Hotel Owners Catering to Marcellus Auctions Properties

auction-gavel.jpgSince 2012 MDN has had our eye on a “feel good” story–about a physician who immigrated from India to Bentleyville, PA and his son. The Gosais (doctor father and son) took to investing in hotels in western PA (they began building them in 2000). With the fracking boom, the Gosais began to cater to the Marcellus industry (see Hotel in Rural Western PA Makes it Big from Marcellus/Utica; Marcellus Workers First to Get Studio 6 Motel in PA; and Washington County, PA Hotelier Adapts to Serve Drilling Industry). But then the market turned and it turned fast. In a not-so-happy ending, the Gosais have put several of their hotels on the auction block…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.
Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.