It was only a decade ago that downtown Detroit hoteliers were struggling to fill not even half of all their empty rooms. Today, hotel occupancy and nightly rates in downtown are at near-record highs and greater downtown is in the middle of a building boom of small and midsize boutique hotels. Industry insiders contend that all the building activity does not reflect any bubble, but rather the strong unmet demand for more hotel rooms in Detroit…Continue Reading or Check Out Our Exclusive, Off-Market Real Estate Investing Opportunities!
