Chicago Touts Rise in Hotel Occupancy and Room Rates as Tourism Picks Up
The Radisson Blu Aqua Hotel in Chicago, IL. Radisson / Raddisson
Cities around the U.S. are experiencing a slow, but steady tourism revival as an improving economy puts business travelers and vacationers back on the road.
The city of Chicago’s push to bring in more tourists and business travelers helped boost local hotel occupancy rates to a record level in August.
The mayor’s office says 86.4 percent of hotel rooms were filled. That’s a 1.6 percent increase over August of last year.
Average daily rates increased about $10 over last year, climbing back up near the pre-recession peak. The city noted that target was hit even though Chicago has some 5,000 more hotel rooms than it did before the recession.
On average, each hotel room brought in $164 a night.
The city said Wednesday the results were helped by the numbers of tourists and other leisure travelers.
Chicago currently gets about 43.6 million total visitors annually.
Copyright (2013) Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.