Michigan South State Area - 2024 Q3

The MarketCompass Lodging Report for the Michigan South State Area in 3Q 2024 analyzes the region's hotel market performance. Lansing's economy is recovering, boosted by the auto industry and Michigan State University, though manufacturing job losses remain a challenge. The report ranks the market as "moderate" and provides detailed performance metrics across six hotel classes: Luxury, Upper Upscale, Upscale, Upper Midscale, Midscale, and Economy. Key metrics include occupancy, average daily rate (ADR), and revenue per available room (RevPAR) trends, plus brand representation and investment rates. Each class analysis features notable rankings, strengths, challenges, and largest hotels within that segment. Click here to view a shortened preview of the report.