At the same time, they’re warning that the suppressed revenue and occupancy could last well into 2023, and that if the shifts are permanent an undetermined number of hotels could close.
“(Detroit) is the most important region of the state with more rooms than any other portion,” said Justin Winslow, president and CEO of the Michigan Restaurant & Lodging Association. “It has outsized importance to the industry overall.”
There are two key differences between the city and the rest of the state when it comes to Michigan’s nearly 1,400 hotels. The first is the concentration of rooms: There are at least 4,000 rooms in downtown Detroit and 40,000 across the region.
The Chicago Auto Show is back, but does it matter? Here s what industry executives think
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.
Tickets now on sale for Motor Bella at M1 Concourse
wxyz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wxyz.com Daily Mail and Mail on Sunday newspapers.
Detroit to Host Concours d Elegance of America Auto Event in 2022
thenewswheel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenewswheel.com Daily Mail and Mail on Sunday newspapers.