Chicago Hotel Tax 2024. Hotel revenue in chicago was nearly $2.3 billion last year, or 93% of the $2.46 billion revenue total in 2019, according to choose chicago. Chicago taxpayers could be on the hook for a $29 million shortfall in hotel tax revenues needed to retire soldier field renovation bonds thanks to the pandemic’s.
The due date is the. $127.2 million in local hotel tax revenue, 163% higher than 2020.
Average Occupancy Rate In 2021 Was 43%, A 63% Increase Over 2020, With Average Daily Room.
Deluxe guestrooms offer views of chicago's legendary architecture, grant park, millennium park and lake michigan.
Learn About Rates, Exemptions, And Refund Procedures In 160 Characters.
The city charges a 4.5% hotel accommodations tax and a 6.0% additional home share tax on rentals through companies such as.
There Are Some Good Stories Regarding Tourism And Hotel Numbers, But The Amount Of $538 Million Is Still A Staggering Amount.
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Plan Your Trip To Chicago With This Comprehensive Guide To The Chicago Hotel Tax.
Learn about rates, exemptions, and refund procedures in 160 characters.
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Look up 2024 sales tax rates for chicago, illinois, and surrounding areas.