Jim Kelley of HK Hospitality Management LLC says the company hopes to pen a deal that could bring millions of dollars to the region, along with a world- class resort and conference center in Cable, Wis., just north of Hayward.
“The Telemark project, if it comes to fruition, would alter the region’s economic climate far beyond the Cable Area. This project would deliver much-needed jobs to our residents and drive revenue into many businesses throughout northwest Wisconsin. With an estimated $25 million direct visitor spending impact, the ripple effect would likely encourage further business development. This project could be the catalyst towards an economic upturn unlike any we’ve seen,” Bolen said.
He calculated the potential direct visitor spending based on data collected by the Department of Tourism through Longwoods International. In general, the average Wisconsin visitor spends $154 per day. Multiplying that by the anticipated occupancy rate of the 250-room hotel, direct visitor spending could reach $25 million annually. Further, the lodge could provide an additional 120 full-time jobs and 80 part-time jobs.