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Articles by Justin Westad
HVS Market Pulse – Milwaukee, Wisconsin | By Justin Westad & Amy Schmidt – Hospitality Net
Prior to the COVID-19 pandemic, Downtown Milwaukee was experiencing revitalization and growth over a period of nearly ten years. The year 2020 was expected to be one of Milwaukee's record years, with the Democratic National Convention scheduled for July. Given the reduction in attendance of this major one-time event and other citywide events that were forced to reschedule, RevPAR declined by 66%.
HVS Market Pulse - Minneapolis-St. Paul | By Tanya Pierson & Justin Westad – Hospitality Net
Prior to the COVID-19 pandemic, the greater Minneapolis-St. Paul region experienced significant increases in new supply and high levels of demand attributed to major one-time events such as Super Bowl LII in 2018 and the NCAA Men's Final Four Basketball Tournament in 2019. Given the loss of major one-time events and heightened demand levels, 2020 was anticipated to be a correction year; however, no one expected RevPAR to decline by 64%.
HVS Market Pulse: Minneapolis-St. Paul Lodging Market Perceptions | By Tanya Pierson & Justin Westad – Hospitality Net
For this article, we will focus on three major submarkets within the Twin Cities metro area: Minneapolis, St. Paul, and Bloomington. These three cities host the largest inventory of hotel rooms, and each offer their own unique amenities and demand generators necessary for the successful operation of a hotel. Minneapolis Minneapolis remains a strong city, with a broad base of corporate, group, and leisure visitors.
HVS Market Pulse: Minneapolis-St. Paul Lodging Market Perceptions
For this article, we will focus on three major submarkets within the Twin Cities metro area: Minneapolis, St. Paul, and Bloomington. These three cities host the largest inventory of hotel rooms, and each offer their own unique amenities and demand generators necessary for the successful operation of a hotel. Minneapolis Minneapolis remains a strong city, with a broad base of corporate, group, and leisure visitors.
HVS Market Pulse: Rochester, MN – Medicine at the Forefront of Development | By Justin Westad – Hospitality Net
Opinion Article 8 March 2019 By Justin Westad, Project Manager at HVS St. Louis Comments The healthcare sector is the cornerstone of the Rochester market, represented largely by entities such as the Mayo Clinic, Saint Mary's Hospital, and Rochester Methodist Hospital, which is visited by over 1.3 million patients per year.
HVS Market Pulse: Minneapolis - After the Super Bowl | By Tanya Pierson & Justin Westad – Hospitality Net
Surrounded by the beauty of lakes and the Mississippi River, Minneapolis is home to many Fortune 500 companies and more than 11,000 hotel rooms. High quality of life, diversity of employers, and leisure attractions continue to entice demand and an ensuing level of hotel development to the area. While the Super Bowl confetti has settled and the cold weather has returned, Minneapolis remains a strong city, with a broad base of corporate, group, and leisure visitors.
HVS Market Pulse: Minneapolis - After the Super Bowl
scroll By Tanya J. Pierson and Justin Westad Surrounded by the beauty of lakes and the Mississippi River, Minneapolis is home to many Fortune 500 companies and more than 11,000 hotel rooms. High quality of life, diversity of employers, and leisure attractions continue to entice demand and an ensuing level of hotel development to the area.
HVS Market Pulse: Minneapolis - St. Paul, MN
By Tanya J. Pierson, Justin Westad, Justin Kaminski Some 3.6 million residents, 16 Fortune 500 companies, and attractions like the Guthrie Theater and Mall of America drive the economy in the Minneapolis-St. Paul MSA, which includes the Minneapolis, St. Paul, and Bloomington hotel markets. The following HVS Market Pulse article presents a brief look at hotel supply, performance, and demand dynamics in Minneapolis, St. Paul, and Bloomington.
Market Pulse: Minneapolis - St. Paul, MN
Some 3.6 million residents, 16 Fortune 500 companies, and attractions like the Guthrie Theater and Mall of America drive the economy in the Minneapolis-St. Paul MSA, which includes the Minneapolis, St. Paul, and Bloomington hotel markets. The following HVS Market Pulse article presents a brief look at hotel supply, performance, and demand dynamics in Minneapolis, St. Paul, and Bloomington. Hotels are a major economic force in the Twin Cities.
HVS Market Pulse: Branson, MO
Named after the owner of the area's first general store and later developed as a center for lumber shipments, Branson, Missouri, had an inauspicious start as a tourism destination.
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