JW Marriott foreclosure auction could be a broader sign of distress for the downtown hospitality industry – Chicago Tribune/MSN

The real test will come when summer ends and most tourists vanish. Business travelers historically filled Chicago’s hotel rooms in colder months, but with offices nationwide less than half full, most companies are reluctant to send employees on trips.
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Jeff Carter
3 years ago

Hotel rooms in Chicago are EXPENSIVE. Crazy expensive.

Wally
3 years ago

Business groups aren’t coming to downtown Chicago because of the crime issue and poor business climate. They see Griffin, Caterpillar, and Boeing bailing out of Chicago. Tourism will decline with the end of the summer. Residents outside of Chicago aren’t coming downtown either. Decades of failed economic policies are finally hitting the fan.

The Paraclete
3 years ago

Distressed? Do you really mean ready to collapse from the deadweight of Democratic Leadership? May throw in a dose of DIE! The only thing I look at in the trip are the obits, future voters roll! Does anyone remember when the Defender bought the Trib?

Lion's Choice
3 years ago

Loop is headed for the mother of all real estate collapses — office workers are not coming back — business travel has been rendered obsolete by Zoom — and leisure travel will be killed off by Dementia Joe having crashed the economy. On top of all that, downtown is an unflushed crime toilet (with a 30 Percent retail vacancy rate and climbing) and at night/on the weekends you would think you were in Englewood.

debtsor
3 years ago
Reply to  Lion's Choice

LOL, downtown at night or weekends isn’t Englewood, but instead, Grand Theft Auto the video game…

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