17 results for “RevPAR”
Hospitality Midwest

Minnesota, Wisconsin, Nebraska buck Midwest hotel slowdown

| Dan Rafter

The hotel business has been a bit sluggish lately throughout the upper Midwest. But three states – Minnesota, Nebraska and Wisconsin – bucked the trend, all seeing solid occupancy gains during the year ending in the second quarter of 2018, according to the latest research from Marcus & Millichap.

Hospitality N Illinois

Four benchmarks for evaluating new hotel projects

| Staff Writer

The hospitality sector is in the sixth year of a bull run after the 2009-2010 economic downturn. Most markets across the country are enjoying record-high occupancies, while daily room rates and top-line revenue growth have been strong. It’s been exciting times and all good news, but there’s more downside risk today than there was a few year…

CRE W Minnesota

Morrissey's view: Twin Cities hotel market stronger than ever

| Dan Rafter

Bill Morrissey has never seen a stronger hotel market in the Minneapolis/St. Paul market than the one he's working in now. This is good timing. St. Paul, Minn.-based Morrissey Hospitality Companies is developing a four-story Hilton Home2 Suites hotel in the suburb of Eagan, just east of the new Twin Cities Premium Outlets that opened here l…