After years of ever-higher rates for hotels, one expert sees signs that the tide may be turning in the buyer's favor. According to a report from our sister publications group, MeetingsNet, trends such as falling occupancy rates and the rise of competitors such as Airbnb will likely lead to falling hotel rates next year:...More
Sleeping rooms, yes. But big event rooms, no. Hotel developers are shifting focus away from "upper upscale" hotels—the big box properties with big-time ballrooms—to build more middle-market hotels....More
Is there anything more personable and intimate than an event at a private residence? Weddings are romantic and corporate events are casual--there’s just something friendly about having an event at a private home....More
Despite the constraints of a tight budget, the Peninsula Chicago team treated 1,200 guests to a private event revealing the hotel's multi-million room renovation. Although many function spaces were already in use, attendees visited a variety of themed spaces within the property, including a "Tastefully Thai" area and "Urban Chicago"; the menu included everything from strawberry-yuzu terrine to lobster corn dogs.
The event is a 2016 Special Events Gala Award nominee.