Recent headlines have sent mixed messages about Milwaukee’s hotel market.
Last year, the Milwaukee Downtown Marriott filed for bankruptcy, adding itself to a growing list of downtown hotels that recently went into foreclosure and bankruptcy. Meanwhile, Milwaukee-based The Marcus Corp. continued a $20 million renovation of The Pfister Hotel and announced a $40 million renovation of the downtown Hilton Milwaukee, but that project also includes shutting down 175 of its rooms, with Marcus leadership citing – in part – a weak hotel market.
Still, three development teams appear to be moving ahead on plans to build new hotels in Deer District, Westown and on the East Side.
Industry…
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