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5 facts about Midwest hotel investment and development

5 facts about Midwest hotel investment and development Chicago hosted more than 55 million visitors in 2017. Photo credit: Pixabay/Free-Photos Compartir Facebook Twitter LinkedIn Email Print The Midwest continued to hold hotel investors’ attention last year, and that trend will likely continue this year, according to a new report from Marcus & Millichap. The firm’s “2018 Hospitality North American Investment Forecast” broke down investment and development trends by region while providing forecasts for what investors can expect in the year ahead. Here are five important things to know from the report: 1. Investors Eye Major Cities in Central Midwest The Central Midwest is composed of Missouri, Oklahoma and Kansas. Last year, Missouri and Oklahoma led gains for occupancy and revenue per available room in the Central Midwest. Moving forward, major businesses and sporting teams in the region will keep the hotel bookings coming. For example, Marcus & Mil...

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