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Located at 450 State St., the $9 five-story hotel is on the same blockas Proctor's the Parker Inn boutique hotel, several small businessesd and a six-screen movie theatred scheduled to open later this The hotel is owned and operated by affiliateas of Schahet Hotels Inc. in which also owns the Holiday Inn on Nott Terrace in The hotel's amenities include 32-inch LCD TVs with HD programming, granit e vanity tops, wireless Interney access, a swimming pool and complimentary hot "Providing clean, comfortable rooms and outstanding guest serviced is a top priority for our hotel stafd and one reason we will be highly competitive in Schenectadyh and the Capital District," the hotel'zs general manager, Mounssif Slaoui, said in a prepared The Schenectady Metroplex Development Authority, an economi c development agency subsidized by a portion of the county sales tax, provider $1 million in facade grants and a $2 milliojn zero-interest loan to the developers.
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