Detroit, MI - 2024 Q3
This 3Q 2024 report analyzes the Detroit, MI lodging market, focusing on six hotel classes. Detroit's economy is showing signs of recovery in manufacturing and healthcare, though population decline remains a concern. The market is ranked in the 74th percentile, indicating a "prosperous" environment for investors. Luxury and Upper Upscale classes show strengths in revenue growth, while Upscale and Upper Midscale face occupancy challenges. Midscale is performing moderately and Economy has strong supply growth. The report details occupancy, ADR, and RevPAR trends, along with brand representation, investment rates, and air passenger throughput. Click here to view a shortened preview of the report.
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Detroit, MI - 2024 Q3
Sale price$250.00