"With little cash coming in, many hotel owners are in default to creditors. Experts in the industry say bankers and other lenders to hotels are getting impatient as the pandemic stretches on. Beyond that, owners are faced with the prospect that meetings and conventions scheduled months from now will be canceled."
If the price of a night in the Palmer House went down to the price of Motel 6 in Hammond, I still have no desire to spend a weekend downtown. Funny because we just booked a Miami beach vacation and were having trouble finding a nicer hotel at a discount, we got our flight for a ridiculous $50 a ticket! But discounted finer hotels in Miami are nowhere to be found.
debtsor
5 years ago
there won’t any conventions in chicago in 2021, and probably not 2022, or beyond. Chicago is a disaster and everyone knows it. We’ve lost the convention industry. It’s gone other than a few specific things like the car show and maybe the winter wonderfest.
I’ve run many convention booths all over the place. Orlando is the best Chicago the worst. In Orlando the wait staff literally forms a gauntlet of thanks as you enter the dining hall. In Chicago you’re lucky to get clean plates. When it comes to setting up, in Chicago you have to pay a union electrician to plug in your laptop network and computers, God forbid you want to put a case of water in your booth that you didnt buy at six times the cost from McCormack place. We had a case of Sams Club water confiscated from the… Read more »
If the price of a night in the Palmer House went down to the price of Motel 6 in Hammond, I still have no desire to spend a weekend downtown. Funny because we just booked a Miami beach vacation and were having trouble finding a nicer hotel at a discount, we got our flight for a ridiculous $50 a ticket! But discounted finer hotels in Miami are nowhere to be found.
there won’t any conventions in chicago in 2021, and probably not 2022, or beyond. Chicago is a disaster and everyone knows it. We’ve lost the convention industry. It’s gone other than a few specific things like the car show and maybe the winter wonderfest.
I’ve run many convention booths all over the place. Orlando is the best Chicago the worst. In Orlando the wait staff literally forms a gauntlet of thanks as you enter the dining hall. In Chicago you’re lucky to get clean plates. When it comes to setting up, in Chicago you have to pay a union electrician to plug in your laptop network and computers, God forbid you want to put a case of water in your booth that you didnt buy at six times the cost from McCormack place. We had a case of Sams Club water confiscated from the… Read more »
McCormick places has hundreds, if not thousands, of high paying unionized jobs. None of them have worked a full since March 2020.
This has been known for years, but we unfortunately treated it as a joke, haha Chicago unions. Not so funny now…
Chicago could probably bring in CUPSA for conventions.