Recent Lodging Trends and Outlook for Chicago, Illinois

Amy Schmidt | April 5, 2023

By Amy Schmidt, Brian Arevalo Despite the COVID-19 pandemic, readers of Condé Nast Traveler magazine have voted Chicago as the best big city in the U.S. for the last six years. Chicago’s numerous attractions include unique dining experiences, modern hotels, diverse neighborhoods, and an abundance of arts and entertainment venues. The market also benefits from its proximity to other major markets and its popularity as a meeting and group destination. Data for the Downtown Chicago market is outlined below, illustrating a strongly rebounding economy as of year-end 2022. Data for Chicago as of December 2022 Sources: Choose Ch...