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Chicago & Midwest  |  January 14, 2019
Paul Bubny
By: Paul Bubny

Chicago Tourism Notches New Annual Peak

Chicago tourism grew by 4.3% in 2018, according to Choose Chicago, the city’s convention and visitor marketing agency. The year saw just over 57.6 million visitors come to Chicago, a new tourism record.

“It’s encouraging to not only see growth, but to see the pace of growth increase,” said David Whitaker, president and CEO of Choose Chicago. “The previous year, visitor volumes grew 2.7%.  So, to see the pace improve with now a 4.3% annual increase is a reflection of the momentum that Chicago is enjoying, and the growing impact the tourism, meetings and events industry generates in our community.”

Seven additional hotels opened in Chicago in 2018, and room demand by visitors last year grew 4.2%. The overall annual occupancy rate increased to 75.4% for 2018.  The growth in demand helped fuel a 4.6% increase in the average daily room rate, spurring a reported 9.1% rise in hotel revenues.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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