Despite record occupancy in 2015 and new growth, Chicago’s downtown hotel market is sending mixed signals to investors. Concerns about oversupply, an expected slowdown in convention bookings, and the recent volatility in the financial markets have made investors more cautious. Many Chicago hotels that went up for sale last year, including the Blackstone, Public, and Thompson, remain unsold, according to Crain’s. And two more downtown hotels just hit the market: Hotel Felix and Hotel Cass, both in River North. To learn more, click here.
