“It’s not what you know that gets you into trouble. It’s what you … · 2018-11-26 ·...

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Copyright ©2018 Leines Hotel Advisors, Inc. “It’s not what you know that gets you into trouble. It’s what you know for sure that just ain’t so” Mark Twain

Transcript of “It’s not what you know that gets you into trouble. It’s what you … · 2018-11-26 ·...

Page 1: “It’s not what you know that gets you into trouble. It’s what you … · 2018-11-26 · Leines Hotel Advisors, Inc – Hotel brokerage, advisory, feasibility Leines Development,

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“It’s not what you know that gets you into trouble. It’s what you know for sure that just ain’t so”

Mark Twain

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ì

WISCONSINCONCEPT ONLY - DESIGN CONCEPT

SHOULD BE TREATED AS PRELIMINARY ONLY AND NOT FOR CONSTRUCTION

OCONTO FALLS,

GRANDSTAY HOTEL

TwinCitiesPerformance/DevelopmentTrends

Welcome

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ì

TwinCitiesPerformance/DevelopmentTrends

Welcome

FounderandCEO:LeinesHotelAdvisors,Inc–Hotelbrokerage,advisory,feasibilityLeinesDevelopment,Inc.–Newdevelopment

In2017completeda3-yeartermasanadvisorontheNinthDistrictAdvisoryCouncilattheFederalReserveBankofMinneapolis.This12-memberboardadvisestheBank’sseniorofficersandeconomistsonregionaleconomicconditions.BoardmembersareappointedbytheMinneapolisFederalReserveBankpresident.B.A.-UniversityofMinnesota–Anthropology(Archaeology)

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0%

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Mpls SouthMpls NorthSt PaulBloomingtonMpls CBDMpls/St Paul/MN-WI

Occupancy YTD September 2017 vs 2018

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Mpls SouthMpls NorthSt PaulBloomingtonMpls CBDMpls/St Paul/MN-WI

ADR YTD September 2017 vs 2018

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Mpls SouthMpls NorthSt PaulBloomingtonMpls CBDMpls/St Paul/MN-WI

RevPar YTD September 2017 vs 2018

8.7%

12.5%

7.6%

7.1%6.4%

7.7%

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Mpls SouthMpls NorthSt PaulBloomingtonMpls CBDMpls/St Paul/MN-WI

Occupancy YTD February 2017 vs 2018

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ADR YTD February 2017 vs 2018

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RevPar YTD February 2017 vs 2018

39.1%

56.4%

41.2%

34.6%32.5%

36.4%

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0

10000

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30000

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Mpls SouthMpls NorthSt PaulBloomingtonMpls CBDMpls/St Paul/MN-WI

Number of Rooms YTD September 2017 vs 2018

+3.6%

+5%+2.3% +3.5% +4.5%

+2.3%*

*

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“No, that is the great fallacy: the wisdom of old men. They do not grow wise. They grow careful.”

Ernest Hemmingway

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MankatoMN South RegionMN North RegionSt Cloud/I-94RochesterDuluth

Minnesota Occupancy YTD September 2017 vs 2018

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$0

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MankatoMN South RegionMN North RegionSt Cloud/I-94RochesterDuluth

Minnesota ADR YTD September 2017 vs 2018

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$0

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Minnesota RevPar YTD September 2017 vs 2018

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“How did you go bankrupt?” “Two ways, gradually and then suddenly.”

Ernest Hemmingway

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“If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.”

J. Paul Getty

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Mt.Horeb

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Mt.Horeb

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Morris

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Mt.Horeb

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CannonFalls

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CannonFalls

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Delano

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CannonFalls

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CannonFalls

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CannonFalls

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CannonFalls

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Morris

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CannonFalls

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Delano

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Morris

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Mt.Horeb

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Glenwood

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ValleyCity

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Tea

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Mt.Horeb

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ThiefRiverFalls

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“The meek shall inherit the Earth, but not its mineral rights.”

J. Paul Getty

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The meek shall inherit the Earth. The brave will get the oceans.

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LeinesHotelAdvisors,Inc.

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ì 952-405-9370