The Miami-based developer should know. He won city council approval to build a hotel on Glen Ave. in December 2017—but didn’t start construction on his Vanguard Hotel until last year.

Local hotels were devastated by the Covid-19 pandemic.  “We made around $11,000 in revenue for the month of April 2020,” recalls Matthew Bennett, general manager of the Courtyard Marriott on Boardwalk. “Our electric bill is $12,000. So we weren’t even making enough money to cover one bill, much less everything else.”

Read More: https://annarborobserver.com/hotel-rebound/