|By Ellen Creager, Detroit Free
PressMcClatchy-Tribune Regional News
Dec. 01, 2011--In another sign the economy is improving in Michigan, advance reservations for Detroit hotels are up 14.8% for fourth quarter of 2011 and the first three quarters of 2012., according to a new survey from a New York-based hotel research company.
That makes Detroit the second strongest market in the nation for year-over-year occupancy growth; only Charlotte, N.C., is seeing more improvement.
A new TravelClick North American Hospitality Review study predicts that hotels nationwide in the 25 biggest markets should do better in 2012 than they did in 2011.
Business travel bookings alone are running 6.7% ahead of last year nationally.
In Detroit, group bookings are notably higher. TravelClick surveyed Detroit hotels in October for their future 12-month bookings. For the fourth quarter of 2011, group reservations are running 28.8% higher than in the same quarter last year. For the first quarter of 2012, they're running 21% ahead.
TravelClick found the most improving markets are Charlotte, Detroit, Indianapolis, Houston and Seattle. Weakening markets include Honolulu, Minneapolis, Denver, Dallas and Phoenix.
TravelClick is a New York-based hotel research company.
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