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  Grand Rapids Business Journal

 

One very large hotel tab means pay-off for market

 

Kent County hotel operators had a really good year in 2010, setting an all-time record for room revenue of $103.2 million last year. According to Smith Travel Research, last year’s figure was $2.5 million more than the previous record set in 2007. Occupancy and revenue per available hotel room both increased by a record 11 percent last year from 2009. That increase was just about double the national average.

 

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