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If the area of land where the motel is located is on some valuable land, then several things may happen due to economic development. The

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If the area of land where the motel is located is on some valuable land, then several things may happen due to economic development. The people that own the motel may come to conclusion that the land that their business is on is worth a lot of money. It can very much be possible that the land can be sold to gain a lot of profit. The money that the motel may be making may be less, may not be more that than the profit that the land could bring in. The cost and good may raise, because development will mostly likely attract many consumers. However, the owners may be faced with higher taxes for the land, but as far as economic development they could build motels of higher quality on some less valuable land. Now on the other hand if this is the only motel in the area, the motel owner could lose out on if more motels were built. The cost that could be involved in a shutdown could be wages for labor that will have to be put out for construction or destruction. employee wages and the supplies from the motel. and the overall cost to shut it down. Some of the cost will be still due even if the motel was shut down, so the owner will need to think about the different cost and revenue

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