All articles tagged with #hotel revenue
Hotels are adopting airline-style à la carte pricing, allowing guests to customize their stays with paid upgrades and amenities through AI-powered booking platforms, which can increase revenue but also pose challenges in balancing guest expectations and service quality.
Illinois has achieved its highest ever hotel revenue numbers in the most recent fiscal year, with 111 million visitors spending over $44 billion in the state. Governor JB Pritzker announced the record-breaking milestone, highlighting the booming tourism industry. The Taylor Swift concert at Soldier Field contributed to breaking Chicago's all-time hotel occupancy record during that weekend.
Taylor Swift's fans, known as Swifties, brought in $28 million in hotel revenue during the two nights of her "Eras Tour" in Nashville, Tennessee. The city's tourism industry has been boosted by the music industry, with concerts and events bringing in significant revenue for local businesses.