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HERE ARE THE WORLD'S NEWS

Grand Rapids hotels had record-breaking 2019

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3 THE TOURISM BUSINESS CONTINUES TO GROW IN THE GRAND RAPIDS AREA NEW NUMBERS RELEASED TODAY BY EXPERIENCE GRAND RAPIDS SHOW THE AREA SET A RECORD FOR HOTEL STAYS IN 2019

CONTINUING A DECADE LONG TREND BUT JUST HOW LONG CAN THAT TREND CONTINUE?NEWS 8'S JOE LAFURGEY HAS OUR STORY 3 ((JOE LAFURGEY, GRAND RAPIDS/THAT'S THE QUESTION TO PEOPLE WHO MARKET GRAND RAPIDS AS A TOURIST DESTINATION ASK THEMSELVES EVERY DAY

)) ((DOUG SMALL, CEO- EXPERIENCE GRAND RAPIDS/WHEN YOU SIT IN MY POSITIONS, YOU SIT THERE AND GO OK, IF YOU HAVEN'T EVER SEEN THIS BEFORE, AT WHAT POINT DOES THE HEAD HIT THE CEILING ))HOTEL STAYS IN THE GRAND RAPIDS SET A RECORD IN 2019UP 4

6 PERCENT FROM 2018IN 2009 HOTEL REVENUE WAS $104 MILLION

IN 2019 THAT NUMBER HAD MORE THAT DOUBLED, TO $226 MILLION OF COURSE, WHEN PEOPLE COME TO TOWN

THEY DON'T JUST SPEND THEIR MONEY ON THE HOTEL ROOM THE BIGGEST INCREASE WAS IN TOURIST VISITS BUT THE LARGER IMPACT ON THE ECONOMY IS FROM CONVENTION BUSINESSAND WHILE IT REMAINS STRONG

THERE'S ONE THAT CONTINUES TO EFFECT THE ABILITY TO ATTRACT CONVENTIONS HOTEL SPACE 3 ((DOUG SMALL, CEO- EXPERIENCE GRAND RAPIDS/THEY WANT TO BE IN THE FEWEST HOTELS, CLOSEST TO THE MEETING DESTINATION

)) SOMETHING THE SMALLER HOTELS LOCATED BLOCKS AWAY CAN'T PROVIDE THE EASY SOLUTION BUILD A BIG HOTEL BY THE CONVENTION CENTER

BUT PROPERTY IN AND AROUND DEVOS PLACE IS SCARCE A FEW YEARS BACK THERE WAS A PROPOSAL TO BUILD A PUBLICLY FUNDED HOTEL ON TOP OF DEVOS PLACE

A TASK FORCE HAS BEEN LOOKING INTO THE ECONOMIC FEASIBILITY OF THE IDEASMALL IS ON THAT TASK FORCE 3 ((DOUG SMALL, CEO- EXPERIENCE GRAND RAPIDS/I THINK WE'RE COMFORTABLE AS A TASK FORCE SOMETIME IN THE NEXT COUPLE OF WEEKS TO RECOMMEND TO THE CONVENTION-ARENA AUTHORITY THAT THE STUDY BEARS OUT, AND BASED ON ALL THE RESEARCH WE'VE DONE, SHOWS THAT IT'S FEASIBLE TO DO ANOTHER HOTEL )) ((JOE LAFURGEY, GRAND RAPIDS/EVEN IF THE TASK FORCE SAYS THE PROJECT WOULD BE WORTH SPENDING THE MONEY IT WOULD BE FAR FROM A DONE DEAL A MORE IMMEDIATE PROBLEM THE UNCERTAINTY OF OVER THE PURE MICHIGAN PROGRAM WHAT IMPACT THAT'S HAVING AT 7LIVE IN GRAND RAPIDS, JOE LAFURGEY, NEWS 8

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Source: Youtube

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