Skip to content

Search

Human content, AI powered search.

Latest Stories

Report: Twin Cities pipeline at 15-year low

Fewer than 250 hotel rooms were under construction in the region at the start of 2025, the lowest since 2010

Twin Cities Pipeline Flow Hits 15‑Year Low: Major Impact

Fewer than 250 hotel rooms were under construction in the Minneapolis–St. Paul metro at the start of 2025, the lowest level since 2010, according to Marcus & Millichap.

Vishnu Rageev R.
By Vishnu Rageev R.Jun 24, 2025
Vishnu Rageev R.

Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism. Before joining Asian Media Group in 2022, he worked with BW Businessworld, IMAGES Group, exchange4media Group, DC Books, and Dhanam Publications in India. His coverage includes industry analysis, market trends and corporate developments, focusing on retail, real estate and hospitality. As a senior journalist with Asian Hospitality, he covers the U.S. hospitality industry. He is from Kerala, a state in South India.

See Full Bio

Minneapolis–St. Paul Hotel Pipeline Falls to 15-Year Low in 2025

FEWER THAN 250 HOTEL rooms were under construction in the Minneapolis–St. Paul metro at the start of 2025, the lowest level since 2010, according to Marcus & Millichap. The limited pipeline, however, signals strong demand for existing inventory.

Marcus & Millichap’s “2025 Hospitality Investment Forecast for Minneapolis–St. Paul” projects metro-wide occupancy will rise for a sixth straight year to 59.4 percent, above the past decade’s average but still below pre-pandemic levels.

“Despite below pre-pandemic occupancy levels, the Twin Cities hospitality sector is showing signs of a steady, demand-driven rebound supported by limited new supply and record ADR,” said Todd Lindblom, Marcus & Millichap’s first vice president and regional manager.

ADR is projected to reach a record $136.18, driven by upper-upscale hotels with the highest expected occupancy at 62.3 percent, the report said. RevPAR is set to rise to $80.92, its highest level since 2019, led by gains in downtown Minneapolis.

Investment sentiment remains optimistic as average room prices rose 20 percent year-over-year and a 10.4 percent cap rate positions the metro as attractive to yield-driven investors despite uncertainty.

“This year’s constrained development pipeline, coupled with improving fundamentals and new urban projects like Upper Harbor Terminal, positions the Twin Cities market for cautious yet promising growth,” said Lindblom.

PricewaterhouseCoopers said hospitality and leisure dealmakers entered 2025 with cautious optimism, but market and policy volatility led to a reassessment of growth strategies.

2025 hospitality investment forecast for minneapolis–st. paulhotel pipeline activitymarcus & millichapminneapolis–st. paul metrourban projectstwin

Related News

Marriott’s Alex receives Bharat Gaurav 2025
Women in Hospitality

Marriott’s Alex receives Bharat Gaurav 2025

Wyndham, Cygnett ink pact for India expansion
India News

Wyndham, Cygnett ink pact for India expansion

Auro Hotels Showcases India Culture at TCMU Exhibit
Industry News

Auro unveils 'India Cultural Corner' for children

U.S. Firms Lose $2.4 Trillion by Skimping on Business Travel
Industry News

Report: Business travel gaps cost U.S. firms $2.4T

More for you

AI threats in hospitality

Study: Cyberattacks on hotels to surge

Summary:

  • Around 66 percent of hotel IT and security executives expect more cyberattacks this summer, and 50 percent anticipate greater severity, according to VikingCloud.
  • Guest-facing systems most at risk include POS and payment technology at 72 percent, guest WiFi at 56 percent and front desk systems at 34 percent.
  • About 48 percent of executives lack confidence in their staff’s ability to detect and respond to AI-driven attacks and deepfakes.

APPROXIMATELY 66 PERCENT of hotel IT and security executives expect an increase in cyberattack frequency and 50 percent anticipate greater severity during the summer travel season, according to cybersecurity firm VikingCloud. In summer 2024, 82 percent of North American hotels experienced a cyberattack and 58 percent were targeted five or more times.

Keep ReadingShow less
Salamander D.C. Joins Preferred Hotels’ Legend Collection
Photo credit: Salamander Collection

Salamander D.C. joins Preferred’s Legend Collection

Summary:

  • The 373-key Salamander Washington, D.C. joined Preferred Hotels & Resorts’ Legend Collection after a full renovation.
  • The hotel is part of Salamander Hotels & Resorts, led by founder and CEO Sheila Johnson.
  • Preferred Hotels & Resorts is the largest independent hotel brand, with more than 600 properties in 80 countries.

SALAMANDER WASHINGTON, D.C., located on the city’s southwest waterfront, joined Preferred Hotels & Resorts’ Legend Collection. The 373-room hotel recently completed a property-wide renovation that includes updated communal spaces, redesigned guest suites, a two-level Salamander Spa and Dōgon by Kwame Onwuachi.

Keep ReadingShow less
WTH Conference Returns to Los Angeles July 17

WTH conference returns to L.A. on July 17

Summary:

  • The 2025 Women in Travel & Hospitality Conference returns to Los Angeles on July 17.
  • The event gathers women in travel, tourism, hospitality, investment, wellness, and lifestyle.
  • It also will mark the launch of the new Travel Industry Executive Women’s Network website.

THE 2025 WOMEN in Travel & Hospitality Conference, hosted by the Travel Industry Executive Women’s Network and supported by the Boutique Lifestyle Lodging Association, will return to Los Angeles, California, on July 17. The event brings together women from around the world working in travel, tourism, hospitality, investment, wellness and lifestyle.

Keep ReadingShow less
ExStay Washington DC

Third regional ExStay workshop set for D.C.

Summary:

  • ESLA and Kalibri will hold the third ExStay workshop on July 30 in Washington, D.C., following sessions in Atlanta and Dallas.
  • The event will feature experts from brands, operators, data firms and advisory groups.
  • Sessions will cover investment and include Q&As on developing, renovating, converting and operating extended stay assets.

THE EXTENDED STAY Lodging Association and Kalibri Labs will host the third quarterly ExStay workshop on July 30 in Washington, D.C., following earlier sessions in Atlanta and Dallas. The event will bring together extended stay lodging executives for networking.

Keep ReadingShow less
Deloitte value-seeking report 2025

Study: Consumers seek value over low prices

Summary:

  • Consumers are prioritizing value over low prices, pushing brands—including hotels—to adapt, Deloitte finds.
  • Economic uncertainty and inflation are driving caution and shifting views on pricing and spending.
  • Value-seeking by generations: 49 percent of Gen X, 43 percent of Boomers, 40 percent of Millennials and 44 percent of Gen Z.

AMID ECONOMIC UNCERTAINTY and inflation, U.S. consumers are prioritizing value over low prices, favoring brands with added benefits, according to a Deloitte study. This shift is reshaping the market as companies, including hotels, adapt to changing expectations.

Keep ReadingShow less
Asian Hospitality Logo
© Copyright 2025