MI Travel Expenses Could Go Down

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There’s good news for vacationers in Michigan. Pure Michigan’s Dave Lorenz tells Michigan News Network the prices for hotels, restaurants, and attractions could go down.

“I think you’re going to see prices start to decline now, not because the demand will slow, but simply because they will understand that if we don’t get the prices to be more affordable for hotels and restaurants and experiences, we will then help in really harming the economy by slowing down the spending that’s out there,” Lorenz said.

Lorenz says Michigan’s travel revenue fortunes will hinge on the number of out-of-state travelers the state can attract.