Chicago’s hotel tax — already the highest among convention cities — may soon rise to 18.9% at downtown hotels to generate more than $50 million in annual revenue to help market the city.
One year after the Illinois General Assembly authorized the concept, Choose Chicago is laying the groundwork to create a so-called Tourism Improvement District that would more than double the marketing agency’s annual budget by increasing the tax from the current 17.4%.
The Las Vegas Convention and Visitors Authority has an annual operating budget of $457 million, according to a comparison prepared by Choose Chicago. That’s followed…
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