Chicago hotels set summer record
https://www.chicagobusiness.com/comm...ofits-squeezed
From Crains:
Chicago's hospitality sector just wrapped up its
best summer ever measured by hotel rooms filled. But hotel owners are still chasing the bottom lines they enjoyed before the COVID-19 pandemic.
Choose Chicago today announced there were nearly 3.6 million nightly stays at downtown inns from the beginning of June through the end of August, breaking the all-time high for that three-month stretch set in 2019. Hotels in the central business district posted a record-high of $949 million in revenue during those three months of this year, up by 0.8% from the same period in 2024. Nationwide, that number dipped by 0.5% over that span, according to Choose.
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