Topic: Midwest Development
Clarity Development Company and GreenSlate Development own the 205-room Kimpton Omaha, which will be managed by Pivot Hotels & Resorts.
The Midwest held many opportunities for hotel investors and developers last year. That trend will likely continue in 2018.
Navigating the web of growing secondary and tertiary markets in the Midwest U.S. requires a good eye, but if you can think like a local opportunities are everywhere.
Pittsburgh’s many demand drivers make it an attractive option for developers. But is it oversupplied?
Since 2010, growth has been almost stagnant, with supply ranging from 274 to 280 hotels and rooms never hitting the 32,000 mark.
Geller Capital’s Eamon Smith said Chicago’s outlook is good, but the city needs to do a better job of marketing itself.
The market should see 27 hotels with 3,111 rooms come online within the next few years, but sources said they aren’t worried about oversupply in this diverse market.
Tim Franzen, president of AJ Capital’s Graduate Hotels, discusses the brand’s development philosophy and opportunities in the Midwest.
Aparium sees the value in Midwestern markets, bringing to its hotels soul and local experiences.
Milwaukee offers a stable predictability with all the right demand drivers for hotels and demand growth outpacing supply growth.