Convention shutdown costs city and state $233.8 million in tax revenue, McPier board told – Chicago Sun-Times*

With conventions and trade shows on hold and hotel rooms empty, the McPier Authority had no choice but to use the state as its financial backstop. The $15.2 million “unreimbursed draw-down” of state sales tax revenue was the first since the 2008 recession.
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BB
5 years ago

Conventions will never be the same inChicago. Start planning now

Eugene from a payphone
5 years ago

I’d be surprised if conventions ever again reach their former numbers. People who run them have found there are other places as good or better than Chicago where you need not pay a Union electrician to plug in a lamp and you need not worry about your goods on display being stolen overnight. Better places offer walkable downtowns where conventioneers are safe from thug attacking in gangs.

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