The majority of the room revenue is achieved on weekends with leisure travel and is booked through third party travel sites. We are starting to see some business travel pick up and have multiple corporate accounts with rate agreements that the sales team continues to focus on shifting share out of other hotels. This does result in a slightly lower ADR as a strong tactic now is to offer a slightly discounted rate so the corporate guests begin to stay and experience the hotel and then the rates can be raised once they become loyal.

The food and beverage continues to slowly improve as the restrictions in Illinois only recently lifted, however, it is slow for guests to come back out to eat. We recently opened The Top rooftop restaurant, which is in high demand, weather dependent, of course. As the late spring/summer season is in full swing, the food and beverage from this outlet will continue to substantially increase.

As for our EB-5 investors, over 800 jobs have already been created during the construction of the hotel, effectively ensuring enough jobs have been created to satisfy the I-829 application requirements for the permanent EB-5 green card. In fact, our first EB-5 investors have already started to file their I-829 applications. If you have already been in the United States for 21 months on your conditional EB-5 green card, please contact your immigration attorney and have them reach out to us for the I-829 filing package.

Interested in touring the Chicago-Rockford Hilton?

If you would like to arrange for a tour of the Chicago-Rockford Hilton, please contact your Paraprin representative. The hotel is easily accessible by flying into Chicago O’Hare International Airport.