Unlike in years past when optimism among hotel executives was conservative, the first day of the 2023 Americas Lodging Investment Summit in Los Angeles revealed that leaders are all-out bullish on the health of the industry.
Click here to access an article by Hotel News Now covering the event.
The new Hotel Indigo, which is located in the Northstar Center in downtown Minneapolis, will have all of its 218 rooms open by the end of January 2023. Madison, WI-based Wilson Street Hotel Group owns and redeveloped Hotel Indigo, which is replacing the former Crown Plaza Hotel as part of a major renovation of Northstar Center.
Click here to access the full article featured in The Minneapolis/St. Paul Business Journal.
The 323-room Minneapolis Marriott Southwest in Minnetonka, MN, changed hands in late December. The buyer, MN Opus VII LLC, purchased the property for $24 million – reportedly $9.2 million less than the last time the property sold, representing an approximate 29 percent discount.
Click here to access the full article published by The Minneapolis/St. Paul Business Journal.
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