 |
||||||||||||||||||||||||||||||||||||||
| PAST ISSUES | ADVERTISE WITH US | MPI CHICAGO WEBSITE | ||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||
|
June 2025
|
||||||||||||||||||||||||||||||||||||||
|
UPCOMING EVENTS
FEATURED CONTENT
With government trends fluctuating, the events and hotel industry remain cautious. According to CBRE (Global Commercial Real Estate), chain scales remain positive with luxury brands continuing to be the standout. The RevPar (revenue per available room) reporting was less favorable, while the TSA is showing a quantity of travelers on track with 2024. Reporting specifically on the Chicago market, CoStar, ADRs (average daily rates) have exceeded pre-pandemic levels and is tracking to continue growing, albeit slowly, and still show a steady increase between now and 2026. Throughout the state, Illinois is still tracking behind the national RevPAR ($99 USD / $84 USD), but general comments and new leadership at CVBs show promising growth.
If you’ve strolled through the Magnificent Mile or driven past Michigan Avenue in late spring, chances are you’ve been greeted by a spectacular sea of tulips, rows upon rows of vibrant blooms turning downtown Chicago into a living postcard. This isn’t just a happy accident. Every fall, the City of Chicago plants nearly half a million tulip bulbs as part of a decades-old initiative to welcome spring in a big, beautiful way. When those chilly Midwest days finally give way to warmer sunshine, the tulips burst forth. An annual reminder that winter is over and brighter days are ahead. But the tulip displays are more than just pretty; they’re a civic tradition rooted in both pride and planning. The Chicago Department of Transportation and a team of city horticulturists carefully curate color palettes and layouts each year, creating fresh themes and Instagram-worthy scenes that make both locals and tourists stop in their tracks. The tulips have also become a symbol of resilience and renewal, especially meaningful in a city that endures long winters and knows how to celebrate the return of life. In recent years, they’ve been joined by other spring flowers and even public art, turning sidewalks into sensory escapes. So next time you're downtown and you catch that first pop of color out of the corner of your eye, pause for a moment. You’re not just looking at flowers, you’re witnessing one of Chicago’s most joyful traditions blooming back to life.
EXPERT ADVICE
In our area of business, we have a few similarly sized firms who compete for the same business. Our products have similar qualities and our pricing can be very similar at times. How can we differentiate ourselves from our competitors?
MEMBER SPOTLIGHT
MPI-CAC is proud to spotlight two of our outstanding members, Matt Brolley and Aidan Korte, for their recent contributions as speakers at the SITE Chicago Young Leader Co-Workday. During this energizing event tailored for emerging industry professionals aged 35 and under, Matt and Aidan brought insight and inspiration to the panel discussion, "Trailblazers of Tomorrow: Young Leaders In Events." Their panel explored what it means to lead with vision, purpose, and adaptability in today’s evolving meetings and events landscape. As young leaders themselves, Matt and Aidan offered valuable perspectives on navigating early career challenges, building professional networks, and fostering innovation in a competitive field. The Co-Workday brought together ambitious young professionals for a day of productivity, connection, and growth. With interactive educational breakouts, collaborative work sessions, a networking lunch, and a lively happy hour, attendees left energized with new ideas and new relationships. Matt and Aidan’s voices on the panel truly elevated the experience, showing attendees what’s possible when passion meets leadership. We celebrate Matt and Aidan for embodying the spirit of MPI and helping shape the future of our industry. Keep trailblazing!
INDUSTRY NEWS
|
||||||||||||||||||||||||||||||||||||||
|
