When it comes to the hotel business, the Windy City remains travelers’ kind of town – and the Upper Midwest, including Minnesota, Wisconsin, and Nebraska, is also bucking an overall slowdown in hotel occupancy

When Taylor Johnson client Marcus & Millichap was ready to share its most recent regional hospitality report, TJ helped secure coverage in a variety of outlets, including Illinois Real Estate Journal, Midwest Real Estate News, The Real Deal and Bisnow. As Marcus & Millichap explained, despite thousands of new hotel rooms coming online, big corporate expansions, including Facebook and Google, as well as the potential addition of Salesforce, is keeping Chicago rooms filled with business travelers. Meanwhile, a crackdown on illegal Airbnb listings could result in more tourists and event attendees checking in to local hotels

Occupancy at Chicago-area hotels climbed slightly to 68.9 percent during the 12-month period ending in June, reversing a two-year decline, according to a report by Marcus & Millichap.