2018
Annual Report MISSION: Visit Mankato will lead the development of the visitor economy in Greater Mankato.
VISION: Greater Mankato will be an exceptional destination for conventions, tournaments and tourism.
Budget Breakdown
Revenue: Lodging Tax of Total $1,000,000
Administrative, 7% Leisure, 29% Conventions, 22%
$700,000
$400,000
$100,000 2015
2016
Total
Sports Commission, 42%
Traveler Stays by Season
2017
2018
Lodging Tax
Mankato Average Hotel Occupancy Rate Rate Mankato Average Hotel Occupancy 100%
Fall 27%
Winter 27%
(Sept-Nov)
(Dec-March)
90% 80% 70% 60%
57.3%
55.1%
57.1%
57.9%
2015
2016
2017
2018
50% 40% 30% 20%
Spring 17% (April-May)
Summer 29%
10% 0%
(June-August)
Our seasons closely follow the state of Minnesota’s. Above is a breakdown of traveler stays by season. *Note: data from STR report
Hotel Room demand up 10%
Mankato Average Daily Rate $140 $120 $100
$84.04
$91.83
$95.27
$93.87
2016
2017
2018
$80 $60 $40
15
Hotels
1,153 Rooms
269
City Center rooms
$20 $0 2015