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Where to Stay in Downtown Chicago: 33 Amazing Hotels
Downtown Chicago offers everything from hostels to luxury hotels. I’ve lived in the city and its suburbs since 2001, and ...
Investors snag distressed Chicago Ambassador Hotel at big discount
A venture managed by Wheeling-based investor Marsha Forsythe acquired the 285-key property at 1301 North State Parkway.
Downtown hotel closes suddenly
The Last Hotel STL in Downtown West has closed suddenly. Majority owner Michael Qualizza said in a news release the Last Hotel closed Thursday, with its staff laid off. Qualizza attributed the closure ...
Crain's Chicago Business3d
Gold Coast's distressed Ambassador Chicago hotel finds a rescuer
High-net worth investors recently struck a deal to pay $30.5 million for the historic Ambassador Chicago hotel.