Illinois Hotel Development & Construction Pipeline

Property Name Address Rooms Scale Status Details
RIU Plaza Hotel Chicago 150 East Ontario Street, Chicago 390 Up Upscale In Const.
Residence Inn Chicago Magnificent Mile 101 East Erie Street, Chicago 289 Upscale In Const.
Hotel Royer Urbana, Tapestry Collection 210 S Race St, Urbana 131 Upscale In Const.
Homewood Suites Skokie 4930 Oakton Street, Skokie 141 Upscale In Const.
Hol... 451... ... Up Midscale In Const.
Hol... 310... ... Up Midscale In Const.
Lak... 193... ... Upscale Final Plan
Lit... 142... ... Upscale Final Plan
Rei... 330... ... TBD TBD
Bar... 250... ... TBD TBD

Illinois Recent Hotel Openings

Property Name Address Rooms Scale Opening Date Details
The Chez Hotel Arlington Heights 519 Algonquin Road, Arlington Heights 62 Upscale 3/5/2024
WoodSpring Suites Downers Grove 2751 Ogden Avenue, Downers Grove 122 Economy 1/25/2024
Hampton Inn Orland Park 16176 LaGrange Road, Orland Park 158 Up Midscale 11/16/2023
Home2 Suites Bolingbrook 1 Brookside Court, Bolingbrook 91 Up Midscale 9/21/2023
Holiday Inn Tinley Park 18320 North Creek Drive, Tinley Park 108 Up Midscale 7/24/2023
St. Regis Chicago Hotel & Residences 401 East Wacker Drive, Chicago 192 Luxury 5/15/2023
WoodSpring Suites Libertyville 1980 Kelley Court, Libertyville 122 Economy 5/1/2023
La Quinta Inn & Suites Rosemont/O'Hare 6810 N. Mannheim Road, Rosemont 260 Midscale 2/1/2023
Aloft Chicago Schaumburg 3407 Algonquin Road, Rolling Meadows 119 Upscale 1/1/2023
Tru by Hilton Naperville Chicago 1809 Diehl Road, Naperville 121 Midscale 11/9/2022

Illinois Recent Hotel Sale Transactions

Property Name Address Rooms Scale Sale Date Price Details
Courtyard Rockford 7676 East State St., Rockford 147 Upscale 4/22/2022 ...
Courtyard Chicago Arlington Heights/Sout... 100 West Algonquin Road, Arlington Heights 147 Upscale 4/25/2022 ...
Sonesta ES Suites Chicago-Lombard 2001 South Highland Avenue, Lombard 144 Up Midscale 5/16/2022 ...
Res... 320... ... Upscale 5/25/2022 ...
Hil... 10 ... ... Up Upscale 5/27/2022 ...
Hya... 635... ... Up Upscale 6/22/2022 ...
Hil... 100... ... Upscale 7/20/2022 ...
Ham... 572... ... Up Midscale 8/10/2022 ...
Hil... 171... ... Up Upscale 8/11/2022 ...
Chi... 150... ... Up Upscale 8/29/2022 ...



Lodging Development Group provides hotel market intelligence that results in new business opportunities. As a leading industry source for lodging real estate intelligence and early stage project information, Lodging Development Group provides clients with hotel construction pipeline data, hotel project leads and hotel sales comparables (sales comps) in Illinois and many other markets. Our Illinois development reports provide key contact information for hotel owners, hotel developers, architects, civil engineers, management companies and other project participants. Subscribers are able to search for hotel ownership companies and hotel development companies, as well as hotels under development, in construction and recently sold by status, chain scale, size, sale price and other criteria.

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