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Study Says City Needs New, Expanded Hotels

MINNEAPOLIS-The expansion is necessary to attract future business to the Minneapolis Convention Center. It suggests a 1,200-room hotel near the convention center.

By Jim McCartney | Updated on December 06, 2004

MINNEAPOLIS-The city has an “overwhelming need” for a new 1,200-room hotel in order to remain competitive in drawing groups to the Minneapolis Convention Center, according to a new study sponsored by the Greater Minneapolis Convention & Visitors Association. The study, conducted by real estate and hospitality consulting firm, Chicago-based CH Johnson, demonstrates how Downtown’s inadequate hotel inventory negatively affects the ability to attract future convention business.

“An expansion of hotel inventory in cities nationwide means that groups are able to assemble housing packages using a minimum number of properties in a proximate distance from a convention center,” says Greg Ortale, president and chief executive officer of the association. In addition, the study says, expansions of existing hotels should be considered–although that alone would not “solve the long-term need,” the study says.

With 1,800 rooms adjacent to the Minneapolis Convention Center and more than 31,000 rooms metro-wide, the city can meet the current needs of most meeting planners. “We need to add more hotel inventory to reflect the growth of the industry–both current and projected,” Ortale says.

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