New owner, new strategy for Ivy
Ameriprise’s agreement to buy the Hotel Ivy in downtown Minneapolis should give the 4-year-old hotel some stability but also a critical change in course, according to two local hotel watchers.
View ArticleBoutique hotel planned for Nate’s Building
Downtown Minneapolis is getting another boutique hotel. An affiliate of Regency Hotel Management recently closed on a $2.7 million purchase of the vacant former home of Nate’s Clothing in the Warehouse...
View ArticleGraves resumes hotel dealings after loss to Bachmann
Hotelier Jim Graves says it’s good to be back full time in the hospitality world after spending nine months in one of the nation’s most bruising and costliest congressional campaigns — his race against...
View ArticleTwin Cities hotels attract interest despite slowing recovery
The three-year expansion in Twin Cities hotel bookings slowed last year, putting a damper on the big revenue gains in 2010 and 2011. But the performance isn’t deterring investors from buying hotel...
View ArticleDeal near for Radisson Plaza in Minneapolis
The Carlson family of companies is close to reaching an agreement to sell the second half of its Plaza Seven office and hotel tower in downtown Minneapolis.
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