HomeMy WebLinkAbout5.a. Exec Sum Hotel update
E X E C U T I V E S U M M A R Y
Port Authority Meeting Date: May 16, 2016
AGENDA ITEM: Hotel Update AGENDA SECTION:
Old Business
PREPARED BY: Kim Lindquist, Deputy Director AGENDA NO. 6.a
ATTACHMENTS: None APPROVED BY: ddj
RECOMMENDED ACTION: Information only.
ISSUE
As the Port Authority is aware, an update to the Hotel Market Study was conducted at the end of 2015.
There has been some question as to who received the document, excepting the Port and Council
members. The following is a list of people who have received the study:
All people associated with KJWalk properties including Warren Israelson, Luke Israelson, Bruce Rydeen
and Christopher Byrd, who had looked at residential development on the site but also was connected to
commercial developers.
Hotel representatives recommended by our Study consultant because they had a product which included
extended stay and regular hotel rooms combined in one facility.
Chris Campbell, Best Western Hotels and Resorts
David Self, Choice Hotels
Shawn Siemers, Holiday Inn Express
Businesses in the community who indicated they may know people interested in developing a hotel:
Ryan O’Gara, SKB
Scott Lindeman, Flint Hills Resources
Brandon Barth, Celts
Ron Carlson, property owner
Casey Hankinson, Ryan Companies
Gary Pahl, property owner
Others:
Michelle VanderVegte, AmericInn
Bruce Newton, real estate-Grand Stay connections
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CONCLUSION
Given the conversation with a few of the people above, coupled with the issue of hotel attraction in 2010,
the main issue seems to be identification of investors. There does seem to be some interest from a few of
the chains. However, the companies don’t develop company-owned hotels and therefore it comes back to
finding investors.