Demand from a variety of sources has risen in Chicago, pushing occupancy to a ten-year high in 2015. More than 6,000 new rooms are expected in the market over the next three years, though average rates and hotel values should continue to grow.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
In Focus: Chicago, IL
Demand from a variety of sources has risen in Chicago, pushing occupancy to a ten-year high in 2015. More than 6,000 new rooms are expected in the market over the next three years, though average rates and hotel values should continue to grow.
What Part of No Don’t You Understand? How to Track and Assess Lost Group Business
Group sales managers in hotels, convention and conference center, and CVB’s need to understand the reasons for lost business. This article presents a comprehensive approach to lost business analysis that helps increase group sales.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
Group sales managers in hotels, convention and conference center, and CVB’s need to understand the reasons for lost business. This article presents a comprehensive approach to lost business analysis that helps increase group sales.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.