Tag Archives: hospitality

No boom, but steady activity: Construction market humming along in Chicago area

by Dan Rafter John Reilly, president of Des Plaines-based Peak Construction Corp., sees plenty of positives when it comes to construction activity in the Chicago area. He predicts that even more construction cranes will dot the sky around the city … Continue reading

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Hospitality industry set for solid, if not explosive, year in 2017

by Dan Rafter The nation’s hotel industry is set for another solid year in 2017, with the industry seeing higher room revenues and a greater number of newly delivered hotel rooms, according to the latest hospitality report from Marcus & … Continue reading

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Looking for scares this Halloween? Try the Hotel Pfister in Milwaukee

by Dan Rafter The Midwest is filled with haunted places, but none may be more ghostly than the Pfister Hotel in downtown Milwaukee. This hotel — maybe the nicest in the city — is rumored to be haunted by the … Continue reading

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Is a slowdown coming for the hotel industry?

  by Dan Rafter  The hotel market across the United States is still strong. But according to Marcus & Millichap, growth in the hospitality sector is starting to slow. In its mid-yeaer hospitality report, Marcus & Millichap says that occupancy … Continue reading

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RevPAR for the course – Midwest hospitality market strong, but tougher times might be ahead

by Robert Habeeb, president and chief executive officer, First Hospitality Group Anyone asked to assess the state of the Midwest hospitality market today would understandably have to include plenty of qualifiers in their appraisal. The hotel landscape across the region—as it is across … Continue reading

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Limited-service hotels leading the way in hospitality boom

  by Dan Rafter Is this the longest upswing in the Minneapolis hotel market in … forever? It just might be. Just ask Ronn Thomas, senior director of hospitality for Cushman & Wakefield/NorthMarq. “It’s pretty impressive how long this cycle … Continue reading

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Waterton’s Zettl: Pace of hotel construction remains strong in Chicago, across the Midwest

by Dan Rafter Several cities across the United States stand to benefit from new hotel construction this year, according to the latest research from Marcus & Millichap, with Chicago leading the way in the Midwest. And a local hospitality professional … Continue reading

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