When you hit bottom --or close to bottom-- the only way is up. Hotel occupancy in Metro Detroit has rebounded so strongly, we're actually up with some of the strongest growing markets in the country.
Excerpt:
"The region is already posting monthly occupancy rates not seen since the Internet boon days of a decade ago. Metro Detroit's hotel market hit an average occupancy rate of 64.5 percent in October, according to STR, a Hendersonville, Tenn., hotel information company, the highest for that month since the 68.7 percent rate in 2000.
The growth in filled hotel rooms is expected to continue next year. Based on advanced bookings beginning Nov. 1 to Oct. 31, 2012, the Motor City's hotel scene will be the second strongest in the nation next year, according to TravelClick, an industry research and consulting firm."
Read the rest
here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.