Detroit, MI - 2025 Q1

The MarketCompass Lodging Report for Detroit, MI in 1Q 2025 reveals a mixed economic landscape. Manufacturing and healthcare drive the local economy, while a stagnant workforce and population decline pose challenges. Detroit's lodging market ranked below average nationally. The report analyzes key metrics like occupancy, ADR, and RevPAR across hotel classes, from luxury to economy. It identifies demand generators, brand representation, investment rates, and CRE performance. The report highlights the strengths and challenges for each hotel class and examines trends from 1990 through March 2025, offering insights for investors navigating this evolving market. Click here to view a shortened preview of the report.