Illinois hotels report record revenues for fiscal year 2023 twill
On Monday, Gov. J.B. Pritzker, the state's legislative leadership and representatives of the hospitality industry announced that hotels in Illinois saw record revenues in fiscal year 2023, which ended June 30.
"Tourism means more jobs for hotel and hospitality and recreation workers -- good paying jobs with health insurance," Pritzker said at a Monday news conference in Chicago."More tourism means millions of new visitors exploring all the amazing things that our state and city have to offer." But hotel revenues are only one way to measure tourism's impact. Other metrics have yet to match 2019's records.
Michael Jacobson, president of the Illinois Hotel and Lodging Association, said that while revenues have returned, staffing levels and occupancy rates overall have not yet reached pre-pandemic levels, although they were trending toward recovery.
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