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Old Posted Feb 1, 2023, 6:48 AM
subterranean subterranean is online now
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Join Date: Oct 2003
Location: Portland
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A little more info from Detroit News:

Quote:

“What's happening is that there are events that are just straight up choosing not to come here simply because they would have to shuttle-bus their attendees and that's just not optimal, especially when you have choices in other cities like Houston or in Indianapolis where they've got 2,000 rooms connected to the convention center,” he said.

As last year ended, hotel room occupancy in Detroit’s central business district was steadily returning to pre-pandemic levels, according to STR, a global hospitality data and analytics company. The year-to-date occupancy as of October was 51.9%, up from 34.1% for the same time period in 2021 and 28.6% in 2020.

As of October 2019, occupancy in the central business was 69.9%. That occupancy level is just shy of the level when a hotel market would typically consider adding new hotels, which is north of 70%, Romy Bhojwani, director of hospitality market analytics at CoStar Group, STR’s parent company, told The News in December.
Source: https://www.detroitnews.com/story/ne...l/69860652007/
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