Crain's Detroit Business has a story out in today's issue with a good rundown on the challenges that will face the three Detroit casinos as they open their hotels. Namely, they will have to create hundreds of thousands of hotel room nights of business each year, where none previously existed. (By my calculation, at full capacity they would have to create 438,000 room nights among the three hotels: 400 rooms per hotel multiplied by 365 room nights multiplied by three hotels).
Also interesting in the story is that the "excuse" for the MotorCity's delay in opening the hotel has now apparently been expanded beyond the delayed delivery of furniture to also include: (a) the state shutdown [of four hours] on October 1, 2007; and (b) the labor negotiations with the Detroit Casino Council.
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