Entries by Tina Stadtherr

Airbnb, Iowa reach agreement for hotel tax collections

Online home-sharing company Airbnb announced today it has reached an agreement with the Iowa Department of Revenue that will allow the company to collect and remit occupancy taxes on behalf of its Iowa hosts. Under the agreement, effective Nov. 1, Airbnb will automatically collect and remit Iowa hotel and motel taxes directly to the department, […]

Exchange Building in St. Paul sold, will become boutique hotel

A century-old office building at a prime downtown St. Paul corner, with a music conservatory as its major tenant, has been sold and will become a boutique hotel, the buyer announced Monday. The Exchange Building, located on Exchange Street at Cedar Avenue and holding a place on the National Register of Historic Places, was bought […]

July 2017 Compass – Hotel Market

Hotels’ Record Performance Continues as Market Cycle Peaks;Slower Growth, ‘Soft Landing’ Projected The Twin Cities hotel market continued experiencing record performance, boasting more than seven years of consistent, year-over-year growth driven by a strong mix of leisure and business demand and a healthy local economy. However, the market is at the top of the cycle […]

US Lodging Overview

Cushman & Wakefield’s Hospitality and Gaming Valuation and Advisory Group recently released its March 2017 US Lodging Industry Overview. The report has a number of findings that parallel what we are seeing here in the Midwest. As noted in our January 2017 Hotel Compass Report, the report notes that 2016 marked another year of continued […]

Limited Service Franchise Hotel – Minneapolis/St. Paul

FOR SALE Limited Service Franchise Hotel Minneapolis/St. Paul   DON’T MISS THIS BEST IN CLASS PROPERTY Minneapolis / St. Paul location Ramping property performance & consistent annual revenue Over $4M in renovations Unencumbered by management agreement Click here to get more information on this Limited Service Franchise Hotel in the Minneapolis/St. Paul area.

Highlights from the January 2017 Compass Report

HIGHLIGHTS: January 2017 issue of the award-wining Compass Report Hot off the press – our January 2017 Compass Report is now available. We thought you’d be interested in a recap of the Hotel and CRE market over the last 6 months and an outlook for the first half of 2017. Below are highlights from our […]

Limited Service Hotel – Twin Cities Metro

FOR SALE Limited Service Franchise Hotel Minneapolis/St. Paul Metro DON’T MISS THIS BEST IN CLASS PROPERTY Minneapolis / St. Paul Metro Area location Ramping property performance & consistent annual revenue Unencumbered by management agreement Click here to get more information on this Limited Service Franchise Hotel in the Minneapolis/St. Paul Metro Area.