“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

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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,

Copyright©2018LeinesHotelAdvisors,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

Page 2: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

ì

WISCONSINCONCEPT ONLY - DESIGN CONCEPT

SHOULD BE TREATED AS PRELIMINARY ONLY AND NOT FOR CONSTRUCTION

OCONTO FALLS,

GRANDSTAY HOTEL

TwinCitiesPerformance/DevelopmentTrends

Welcome

Page 3: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

ì

TwinCitiesPerformance/DevelopmentTrends

Welcome

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

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

Page 4: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

0%

10%

20%

30%

40%

50%

60%

70%

80%

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

Occupancy YTD September 2017 vs 2018

Page 5: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

$0

$50

$100

$150

$200

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

ADR YTD September 2017 vs 2018

Page 6: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

$0

$20

$40

$60

$80

$100

$120

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%

Page 7: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

0%

10%

20%

30%

40%

50%

60%

70%

80%

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

Occupancy YTD February 2017 vs 2018

Page 8: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

$0

$50

$100

$150

$200

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

ADR YTD February 2017 vs 2018

Page 9: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

$0

$20

$40

$60

$80

$100

$120

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

RevPar YTD February 2017 vs 2018

39.1%

56.4%

41.2%

34.6%32.5%

36.4%

Page 10: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

0

10000

20000

30000

40000

50000

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%*

*

Page 11: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

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

Ernest Hemmingway

Page 12: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

0%

10%

20%

30%

40%

50%

60%

70%

80%

MankatoMN South RegionMN North RegionSt Cloud/I-94RochesterDuluth

Minnesota Occupancy YTD September 2017 vs 2018

Page 13: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

$0

$30

$60

$90

$120

$150

MankatoMN South RegionMN North RegionSt Cloud/I-94RochesterDuluth

Minnesota ADR YTD September 2017 vs 2018

Page 14: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

$0

$20

$40

$60

$80

$100

MankatoMN South RegionMN North RegionSt Cloud/I-94RochesterDuluth

Minnesota RevPar YTD September 2017 vs 2018

Page 15: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

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

Ernest Hemmingway

Page 16: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Page 17: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Page 18: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Page 19: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

“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

Page 20: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Mt.Horeb

Page 21: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Mt.Horeb

Page 22: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Morris

Page 23: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Mt.Horeb

Page 24: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

CannonFalls

Page 25: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

CannonFalls

Page 26: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Delano

Page 27: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

CannonFalls

Page 28: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

CannonFalls

Page 29: “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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CannonFalls

Page 30: “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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CannonFalls

Page 31: “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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Morris

Page 32: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

CannonFalls

Page 33: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Delano

Page 34: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Morris

Page 35: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Mt.Horeb

Page 36: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Glenwood

Page 37: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

ValleyCity

Page 38: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Tea

Page 39: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Mt.Horeb

Page 40: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

ThiefRiverFalls

Page 41: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

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

J. Paul Getty

Page 42: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Page 43: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

Page 44: “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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Page 45: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

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

Page 46: “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,

Copyright©2018LeinesHotelAdvisors,Inc.

LeinesHotelAdvisors,Inc.

ì ThankYou!ì TedLeines

ì [email protected]

ì 952-405-9370