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Des Moines-area hotel property values fall 30% ‘When the cash flow goes away, the value goes away,’ says one local banker Friday, April 9, 2021 6:00 AM For over a year, more than half of the Des Moines area’s 13,000 hotel and motel rooms have sat empty, a result of the economic shutdown caused by the pandemic.  The sudden drop of hotel guests caused revenues to plummet and employees to be furloughed or laid off. In March, the Polk County Assessor’s Office released information showing a 30% decline in assessed valuation of the county’s 123 hotel and motel propertie...

IHSAA wrestling tournament to bring in $1.5 million to Des Moines Share Updated: 9:49 PM CST Feb 17, 2021 Share Updated: 9:49 PM CST Feb 17, 2021 Hide Transcript Show Transcript HIGH SCHOOL WRESTLING TOURNAMENT WILL STILL HELP THE CITY- EVEN IN A PANDEMIC. (áááPKGááá) LAUREN ASLIVE OUTSIDE WELLS FARGO ARENA 17:56 "HIGH SCHOOL WRESTLERS FROM ACROSS THE STATE ARE HERE IN DES MOINES FOR AN ANNUAL TOURNAMENT THAT LOOKS A LOT DIFFERENT THAN IT DID IN YEARS PAST." THE WELLS FARGO ARENA WILL SIT ABOUT ABOUT 50% CAPACITY FOR THE EVENT. WITH THIS TOURNAMENT BEING ...

Des Moines Register When North Carolina lawmakers in 2016 adopted a law that barred transgender people from using bathrooms in public facilities that corresponded with their gender identification, the backlash against the state was swift. Now, with a similar bill moving through the Iowa Legislature to impose restrictions on restroom use in the state's schools, some Iowa business leaders and events organizers are worried the Hawkeye state could face the same sort of repercussions. In North Carolina, the state suffered damage to both its public image and economy. Major corporations abando...