18 results for “RevPAR”
Hospitality Midwest

Midwest hotels facing a big year in 2019

| Dan Rafter

Occupancy gains and steady revenue growth. That’s what Marcus & Millichap is predicting for the hospitality sector throughout the upper Midwest states of North Dakota, Minnesota, South Dakota, Nebraska, Iowa, Wisconsin and Illinois.

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…