I traveled to Wisconsin Rapids on business and stayed at Hotel Mead for several nights in May 2010.
Pros: Reasonably nice building and rooms more or less in line with some higher-end hotels in larger cities, so was the customer service (reception, cleaning, restaurants, etc.). Tastefully decorated and tidily maintained lobbies and restaurants (for a small town hotel). Also wireless connection throughout the building. Largely suits business travelers, though families may also find it comfy.
Cons: Centrally located, which otherwise would have been a big pro for many other hotels, but in this case has turned out a hugh con. The hotel is indeed smack in downtown Wisconsin Rapids, but the problem is that it's close to almost nothing (oh well, maybe a library, if that makes any difference to you). All the restaurants and shops are way beyond walking distance, which means either you need drive somewhere to eat/shop, or you simply will have to surrender yourself to the hotel services, which in my humble opinion is not all that great after my two tries.
Summary: An average hotel located in a small city which provides pretty much everything you need as a business traveler. For anything else, you will probably have to consider another hotel or simply another town/city.
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC