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Has Little Caesars Arena boosted economic activity in Detroit? We looked at hotel and short-term rental industry data to find out

7 0
05.02.2026

Detroit’s population reportedly grew in 2023 for the first time in 60 years, a trend that has continued in recent years. Over the past decade, the city center has experienced substantial private and public investments and development.

I personally witnessed some of the changes in Detroit while I was studying for my Ph.D. at the University of Michigan’s sport management program. I am now an assistant professor at the University of Florida, where I research how sport affects local economies.

One of the changes I witnessed was the construction of Little Caesars Arena and its opening in 2017. The venue cost an estimated US$863 million, including $324 million in public money – a substantial amount, especially considering it was allocated so close to the city’s bankruptcy filing in 2013. The financing deal also included property development agreements, some of which have yet to materialize.

The arena’s primary users and operators are the NBA’s Detroit Pistons and the NHL’s Detroit Red Wings. The Red Wings are owned by the Ilitch family, which founded Little Caesars pizza in Detroit in 1959.

My colleagues Nasim Binesh, Kyriaki Kaplanidou and I recently published research examining how much impact the arena had on........

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