Chicago hotels are getting close to the occupancy levels hit in 2019, prior to the pandemic.
In the third quarter of this year, downtown’s occupancy rate was 74.8%, down from 83.6% over the same period three years ago, according to data analytics firm STR.
“It’s not all the way back to pre-COVID numbers, but we didn’t expect to reach that goal this year, and the dam is starting to break,” Salamah said. “We were thrilled to see record attendance for the 2022 Annual Meeting despite the remaining effects of the pandemic, and pleasantly surprised by the number of attendees in person,” the spokesperson said in an email. “We believe that the in-person experience remains the premiere experience as education takes place not only in the session rooms but in hallway conversations which are hard to replicate online.
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