Venue
University Club of Chicago
University Club of Chicago , Ballroom: Cathedral Hall, 9th Floor 76 East Monroe Street Chicago, IL 60603, USA

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Event Date Tue May 15 EDT (over 6 years ago)
Location University Club of Chicago
Ballroom: Cathedral Hall, 9th Floor 76 East Monroe Street Chicago, IL 60603, USA
Region Americas
Details

While Chicago's downtown hotel market has hit a plateau in 2016 and saw minimal growth in 2017, the outlook for 2018 is good and the nation’s hospitality sector is healthy. In spite of these strong fundamentals, the industry faces severe challenges as a result of disruption, demographic shifts, and a corresponding change in consumer preferences.

In-room fitness equipment and vitamin-infused shower heads blurring the lines between your gym and hotel room?

Wondering what the impact of ever-increasing consumer spending, airline competition, and corporate travel rates means for the nation's hospitality sector? Bisnow's got you covered.

What You'll Learn?
1) Does having multiple brands under the same umbrella help or hurt in clearly communicating each brand’s story?
2) What type of experience is your consumer looking for and how is your brand being shaped to match those interests, and how significant is the focus on the millennial market in your branding efforts?
3) Which Chicago markets you ripe for investment and is there an underserved demographic that we should tap into?
4) How can hotel investors capitalize on areas of Chicagoland, like West Loop, that are experiencing growth or revitalization?
5) How are the two leading indicators of hotel fundamentals — RevPAR and average daily room rates — faring Nationally, and in Chicago, this far through 2018?

Speakers

2018 SPEAKERS:

Chris Oka
Managing Director, Angelo Gordo

Zio Pekovic
Principal, Scarlett Hotel Group

Sarang Peruri
Principal, Oxford Capital Group, Oxford Hotels & Resorts

Vamsi Bonthala
CEO, Arbor Lodging Partners

MODERATOR:

Wes Prato
Partner, CohnReznick

Sponsors & Partners

2018 Sponsors

• SageGlass
• Leopardo
• Pepper Construction Sonny + Ash
• Boni Loud Steps
• Ginsberg Jacobs LLC
• CohnReznick
• Sheppard
• Mullin