Most recent market data ranks St. Louis in the top 10 U.S. metro areas for growth in revenue per available hotel room. Along with profitability comes new construction and employment. Last year in August, the 182-room Mayfair Hotel completed renovations and reopened under the boutique brand Magnolia. Nearby at 827 Washington Ave, Renaissance Suites is undergoing a $15 million renovation by Martiz, Wolff & Co., and it will reopen as Courtyard by Marriott this summer.