State of the Region 2024

PLACE

COMMUNITY VIBRANCY More people booked and stayed at hotels across Grand Rapids in 2024 than in previous years. From October 2023 to September 2024, hotel room demand reached $2,255,791 in sales, a 4.2% increase from the same period the previous year.

HOTEL ROOM DEMAND (SALES)

2,500,000

2,000,000

1,500,000

1,000,000

500,000

0

2020 2021

2022

2023

2024

Source: Smith Travel Research

AIRLINE TRAVEL Airport activity continued to climb in 2024, putting Greater Grand Rapids on path for another record year as more people continue to visit, vacation, and do business in the region. Quarterly passenger numbers reached 1,075,059 in Q3 2024, a 7% increase over Q3 2023 numbers. Likewise, activity during the first three quarters of 2024 is up by 347,814 passengers, or 12% compared to the first three quarters of 2023.

GERALD R. FORD INTERNATIONAL AIRPORT PASSENGERS BY QUARTER

1,200,000

1,000,000

800,000

600,000

400,000

200,000

0

2020

2021

2022

2023

2024

Source: Gerald R. Ford International Airport

STATE OF THE REGION 2024 13

Made with FlippingBook - professional solution for displaying marketing and sales documents online