Rochester hotel and medical complex on hold

 

The Mayo’s contribution to the hotel-medical joint venture would have been US$190 million. The targeted international customer base is now barred by the travel ban and foreign worries about visiting the USA.

The medical tourism joint venture would have added a seven-storey hotel on top of the Mayo campus’ 21 storey Gonda building, while also adding four new floors of medical space.

The market for medical tourism in Rochester is limited.

The Mayo Clinic is Minnesota’s largest employer and had to cut pay for 20,000 employees earlier this year. Many employees are working from home and some may never go back to the office.

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