Hospitality N Illinois

Four benchmarks for evaluating new hotel projects

The hospitality sector is in the sixth year of a bull run after the 2009-2010 economic downturn. Most markets across the country are enjoying record-high occupancies, while daily room rates and top-line revenue growth have been strong. It’s been exciting times and all good news, but there’s more downside risk today than there was a few years ago. Now, greater deal selectivity is prudent, and the best developers and operators will outshine the competition.

Hospitality W Minnesota
Indoor waterpark? Movie-themed amusement park? Benson-Orth General Contractors helping to bring the fun to Twin Cities suburbs

Indoor waterpark? Movie-themed amusement park? Benson-Orth General Contractors helping to bring the fun to Twin Cities suburbs

Minneapolis residents looking for even more entertainment than the Twin Cities proper can provide will soon plenty of kid- and adult-friendly fun about 30 miles northwest of Minneapolis. That’s where Benson-Orth General Contractors is ready to start overseeing the construction of an indoor water park, indoor amusement park based on movies from Sony Pictures and two major hotels.