$3B State Hole, How Hotels Are Changing, Mid-Market Businesses Facing Headwinds
About this episode
Today's show is in three acts.
First, we'll update you on some quick stories to know around Metro Detroit and the state.
There's a $3B estimated revenue hole in Michigan. A lot of people hope the Feds step in to help, but Jer's not too sure that's going to happen.
The Woodward Dream Cruise is canceled.
Public pools across the three counties are closed indefinitely.
Dan Gilbert's Bedrock is doing an interesting deal to keep their retail and restaurant tenants in business.
Then, Karen Dybis joins me to talk about how local hotels - businesses that were planning to have a banner year in 2020 before the Coronavirus - are making changes and adjusting.
And finally, some of the most well-known brand names in Metro Detroit are what's called -mid-market businesses. And they're at real risk here, falling into the gap between the Paycheck Protection Program and large corporations. Sven Gustafson chats with Christoper Letts, the chairman of the Detroit chapter of the Association of Corporate Growth.
Yes, it sounds super wonky. And it kinda is. But it's interesting as a large number of people are employed by those companies right here in Southeast Michigan.
We're supported by our members: http://www.patreon.com/dailydetroit
Get every episode summarized
Each time Daily Detroit publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Daily Detroit

Cosm's Tech Is Cool (But Can Be Costly) & Cass Cafe Returns
Daily Detroit

Should Detroit Switch Off DTE?
Daily Detroit

Inside Ray's Downtown, Bay Harbor Getaway & What's New at Greenfield Village
Daily Detroit

Reinvesting in Detroit: Gratiot, 7 Mile, & Denby-Whittier
Daily Detroit