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| Elephant In The Room |
| By Business Journal Staff
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| Published: September 10, 2007 |
The opening of the JW Marriott in downtown Grand Rapids has sparked widespread interest in the local business community, including a strong reaction to the Business Journal’s one-week survey question posted at www.grbj.com that asked readers to comment on the facility’s opening. Sixty-seven respondents weighed in, with 36 (53.7 percent) indicating their belief that with single room rates starting at $229 per night, the JW’s pricing will not be accepted in this competitive hotel market. Twenty-five people (37.3 percent) answered that the city’s convention business will be boosted significantly with the attraction of executive-level business travelers who haven’t considered Grand Rapids previously. But just six respondents (8.9 percent) weighed in favor of an answer that stated the JW is not needed and will further depress hotel occupancy rates in the area. |
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