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HomeMy WebLinkAbout[05c] Misc Judy Weyrens From: Charlie Kyte <ckyte@reboundenterprises.com> Sent: Thursday, October 11, 2018 4:42 PM To: Judy Weyrens Cc: Brett Reese Subject: Re: hotel study Judy, We have studied the hotel market study for the St. Joseph Like you, we were disappointed that the opportunity didn't look better. We were especially concerned about what we saw as somewhat low occupancy rates in the whole St. Cloud area even before the new hotels come on line in Wait Park. Thus, we aren't ready to move forward in this market at this time. We are deeply engaged in two boutique hotels, one in St. Paul and another in Dubuque, Iowa as well as a potential new hotel to be built in Grand Rapids....so our hands are pretty full right now. We do appreciate St. Joseph, and you, taking the initiative to do the market study and we will return for another look at this market in a couple of years. Thank you for your initiative and your graciousness as we met with you. We wish you and St. Joseph the best going forward. Charlie Kyte ReBound Hospitality On Oct 1, 2018, at 1:25 PM, Judy Weyrens <jweyrens@cityofstjoseph.com> wrote: Good Afternoon Charlie— I hope all is well. I am following up on the hotel study that was completed and curious if have had a chance to review and comment. I know the report was not what we had hoped to see, but we are still hopeful. Thank you Judy Weyrens,Administrator City of St.Joseph 75 Callaway St E St.Joseph MN 56374 (320) 363-7201 (Office) (320) 363-0342 (FAX) jweyrens@cityofstioseph.com pisjaiwter. information ivt this message or an attachvv ent may be government data and thereby subject to the 1