Edward Hotel, Former Hyatt Regency Dearborn, Closes Abruptly

[Bham1982]

The hotel is too big. What was Ford thinking? That hotel is ginormous, and has no purpose except to serve Fairlane area, which has little appeal outside of Ford HQ.

I guess you could get a few out-of-towners interested in Henry Ford, but not enough to fill 1,000 rooms.

They should probably just knock it down, but it would cost too much. It will likely sit.

[cmubryan]

The hotel is too big. What was Ford thinking? That hotel is ginormous, and has no purpose except to serve Fairlane area, which has little appeal outside of Ford HQ.

I guess you could get a few out-of-towners interested in Henry Ford, but not enough to fill 1,000 rooms.

They should probably just knock it down, but it would cost too much. It will likely sit.

This hotel did well for at least three decades. It is a convention hotel and used to be able to fill its rooms by holding large events. When it was built, it was one of two [[the other being the Detroit Plaza @ The Ren Cen) mega four diamond convention hotels in the area. Things have changed considerably since then. However, this hotel remains the second largest hotel in the state capable of holding events that the vast majority of other hotels don’t have the capacity for. To knock it down would be crazy. The hotel has mainly failed because it’s past two owners have gotten in over their head and don’t have the financial backing needed. I guarantee that with a good owner, full renovation, an affiliation with a major chain and some new marketing plans it can make a come back. The adjacent Henry Hotel and Dearborn Inn [[both affiliated with Marriott) seem to be doing well. I could see this becoming a Sheraton, Hilton, Crowne Plaza, Wyndham Grand, etc.

I hope the current owners can sell this quickly before it sits idle too long to an owner with deep pockets.