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.