• 2016 Lodging Industry Enjoys Positive Cycle

     
    POSTED July 24, 2017
     

The hotel industry’s performance during 2016 was solid in most Michigan markets and the year ended on a positive note, reports Charles Skelton of Hospitality Partners in Ann Arbor. The firm has tracked the state’s lodging sector performance for years.

“We are at the point in our cycle where gains in occupancy will be much slower while rate will continue to increase, but at a more reasonable pace," says Skelton in his firm’s spring/summer newsletter released earlier this month.. "I think 2017 will be a solid year with softening coming in 2018 and 2019. To what degree that softening takes place really depends on what happens nationally."

Detroit’s renovated Cobo Convention Center is receiving rave reviews, Skelton adds. “Coupled with the sports teams, bars and restaurant activity, and the newly arrived residents, the D is heading into the century reclaiming some of its glory as the 1940s and 1950s when it was truly a world-class city and an engine for the Midwest.”

For the first time, all five boroughs of New York City are lighting up rainbow in celebration of WorldPride's first time being hosted in the United States. Additionally, NYC & Company and LGBT MPA are partnering to offer a MICE familiarization trip for LGBTQ+ meeting and event planners. 

 

IACC's 2019 Meeting Room of the Future Report reveals that sustainability is a top priority of meeting planners. Of those who responded to the survey, 44 percent said they believe that ethical operations and sustainable practices will be one of the most important elements for venues by 2024. A major concern of meeting planners is food waste, with 62 percent of respondents noting that they will consider how a venue manages food waste before booking.

 

Located near Austin, South Congress Hotel and Hotel Ella are positioned as the perfect summer venues. Each hotel has offerings for a wide array of events and can accommodate corporate and social functions alike.