According to an article over at Thisweek, a market study conducted by Hospitality Marketers International concluded that Rosemount needs a hotel to support the various types of businesses in and around the city.
From the article:
Among the reasons for the site preference was its proximity to local businesses travelers would want to visit such as restaurants and stores such Walgreens and the Holiday gas station and convenience store.
Visitors who may want to stay in Rosemount include Flint Hills business people visiting the refinery, families of students at Dakota County Technical College, people visiting for family reunions and teams in town for tournaments.
Up until just a few years ago when the GrandStay hotel was erected in the Founders Circle area of Apple Valley there was only one hotel nearby and that sat at the corner of Cedar/CR-42. While decisions made by commercial entities are their own and are certainly part of the business world, in this case the City of Rosemount may be using taxpayer dollars to, “seek investors and developers to see if there is interest in the site.” With little growth seen in the area and very little expected in the next few years due to the economy, a valid concern would be that the hotel would be built, be underutilized, and may even fail and the city would not regain its original investment in the property.
What do you think about the prospects of building a hotel in Rosemount to support a technical college (which has very few–if any–students from outside the area and such examples as family reunions? Do you think that this is a wise investment for the City of Rosemount to make or should it be left solely up to interested commercial entities instead? Thoughts?