Pandemic Unleashes a Tsunami of Weddings in Minnesota

A tsunami of weddings — some pushed back by the pandemic and some planned for 2022 — has inundated the wedding industry. Many venues are fully booked for the May-October wedding season, so flexibility and creativity are required for those couples determined to tie the knot this summer.

Click here to access the full article featured in the Star Tribune.

Summer Travel Demand Meets Higher Costs

People with an overwhelming urge to bust out of their pandemic bubbles are driving a surge in demand for summer travel. Despite increased costs to rent a car, stay in a hotel or fill up their gas tank, those wanting to hit the road are undeterred.

Click here to access the full article in the Star Tribune.

United Properties Exec Talks RBC Gateway, Downtown Optimism

Scott Peterson, United Properties’ vice president of hospitality and office development, talks about how the new RBC tower is bucking local occupancy trends in downtown Minneapolis and what he sees as the future for office and hospitality.

Click here to access the full article in Finance & Commerce.

Easing COVID Restrictions & Return to Office Lift Travel Demand

According to Marriott CEO Tony Capuano, strengthening demand for  leisure and business travel, as well as the ability to drive rates, resulted in Marriott International’s hotels achieving revenue per available room just 9% below 2019 levels worldwide in the first quarter.  Occupancy reached 64% in March 2022 and the average daily rate was 5% above March 2019.

Click here to read the full article published by CoStar.