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Today's Poll

Should Portland cap the number of hotels allowed?
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Poll Description

Sponsored by Kennebunk Savings Bank

As hotel construction continues across Portland — with 10 new projects approved before the city imposed a moratorium on new hotel development — developers argue that new hotels bring jobs, tax revenue and visitors.

In June, the city extended the moratorium by six months.

With a growing number of hotel projects underway or proposed, some ask whether the market is saturated. Activists argue that developers should focus on much-needed housing. 

Meantime, hotel rates routinely exceed $400 a night in Portland, so there's still apparently demand.

EVENT

40 Under 40 Awards Reception 2025

Mainebiz seeks to honor the young professional and rising stars of Maine’s business community for the 2025 Mainebiz 40 Under 40 Awards.
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2025 ESOP Essentials

With over 70 Employee Stock Ownership Plan (ESOP) companies in Maine, it is widely recognized as a successful form of ownership transition for many companies. Becoming an ESOP has proven to be a way of preserving the legacy of locally owned businesses in Maine as well as a unique differentiator in the competitive hiring market.  With this special publication, Mainebiz will delve into the dynamic landscape of ESOPs, providing an in-depth analysis and practical insights for businesses considering or currently navigating this unique employee ownership model. With a focus on promoting sustainable business practices and inclusive corporate governance, this publication will serve as an invaluable resource for executives, HR professionals, and business owners seeking to leverage ESOPs to drive long-term success and employee satisfaction.