COVID-19 Is Hurting Chicago’s Hotels And Downtown Real Estate

River Between Trees and City Skyscrapers
Heather Bozman / pexels.com
River Between Trees and City Skyscrapers
Heather Bozman / pexels.com

COVID-19 Is Hurting Chicago’s Hotels And Downtown Real Estate

A global pandemic and one of the worst recessions on record is a double-whammy for Chicago-based Hyatt. After all, few people want to stay in a hotel right now, let alone spend hundreds of dollars a night for a high-end room.

Reset checks in on how COVID-19 is affecting Chicago’s hotel industry and downtown real estate.

GUEST: Danny Ecker, commercial real estate reporter at Crain’s Chicago Business