Tag: faisal merani

    Chain restaurants drawn to Falls

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    From the Buffalo News:

    Many people who work and play in downtown Niagara Falls were pleasantly surprised to see a TGI Fridays open in the Sheraton at the Falls hotel in June.

    But Faisal Merani saw the move coming. The Canadian hotelier soon announced his own plans to fill a major gap in downtown dining with a key component: more chains.

    “We just had one open up, but I think the city could do five or six more without blinking an eye,” Merani recently told the city’s development board.

    His plans to attract a chain restaurant to his Holiday Inn at First Street and Buffalo Avenue, along with the DiCienzo family’s renovation of the Sheraton property, has local officials noting advantages and drawbacks of chain restaurants.

    The chains also have tourism and development officials pointing at a steadily expanding downtown hotel market that has caught the interest of major developers from Niagara Falls, Ont.

    Falls hotel to get funds for retail, restaurant

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    From the Buffalo News:

    A Canadian hotelier currently refurbishing two Buffalo Avenue hotels will receive $1.1 million in city and state money to bring retail and possibly a chain restaurant to one of them.

    Faisal Merani plans to spend $3.8 million to expand the restaurant and retail area of his Holiday Inn at First Street and Buffalo Avenue, near the Rainbow Boulevard roundabout downtown.

    Canadian Developers Bullish On Niagara Falls, N.Y.

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    From WGRZ Channel 2 in Buffalo:

    Thursday evening, the Four Points Sheraton hotel in Niagara Falls will have its grand opening.

    “It’s a smart place to invest money,” said Faisal Merani.

    Merani and his family are investing a lot of money in Niagara Falls, New York.

    They are hotel developers from Niagara Falls, Ontario.

    2 On Your Side first spoke with Merani about 18 months ago when his family had just bought two hotels- The Fallside and the old Red Jacket Inn, both on Buffalo Avenue.

    The Red Jacket was in pretty rough shape back then.

    But over the past year, the Meranis have spent seven million dollars to totally re-do the place.

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