There's no way of knowing until a permit for the hotel is filed which surprisingly has not been done, unless it is Project 3429. I tried to find a connection to Project 3429 from Project 722, and I didn't see one (other than a reference to separately filed permit for a fence)
The 722 staging appears to be under the project name "PCL TEMP CONSTRUCTION TRAILER" as one of those permits actually references 722.
Project 3429 actually had grading done which points to hotel.
Not disagreeing with ParkRumors, just throwing in my 2 cents.
Edit: I know 3000 numbers are associated with Potter projects at IoA. The whole situation is just weird, but it should clear up soon.