Odessa oil show still buoying Permian economy despite bust
The Odessa oil show is projected to bring at least 12 million dollars into the local economy, with exhibitors and attendees sustaining hotels, restaurants, shops, and gas stations even as the bust lingers. Local hoteliers expect rates and occupancy to soften this year, while restaurateur Roy Gillean notes a modest sales bump but fewer catering jobs.
MENTIONED IN THIS ARTICLE
Permian
Fry
Odessa
CVB
Lambert
Alex Singh
la Quinta
Highway 191
Comfort Inn
Jbs Parkway
Interstate 20
Singh
Roy Gillean
Barn Door
Andrews Highway
Ector County Coliseum
Gillean
Oil show expected to boost Odessa hospitality and sales
Local business owners anticipate a surge from the oil show with open bar parties and catering demand. Derrick Bush notes uncertain spillover from attendees versus general traffic, while Odessa officials expect a strong event similar to 2014 spikes and a busy hotel market in a pivotal oil region.
MENTIONED IN THIS ARTICLE
Gillean
Derrick Bush
Highway 191
Bush
Odessa
David Turner
Turner
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