Blackstone Hotel Sold for $43M, 28% Off

Chicagos Blackstone Hotel, a historic landmark and Hotel of Presidents, sold for $43 million, a significant discount from its previous $59.5 million price. The sale comes as Chicagos tourism industry pushes to boost hotel business with a new surcharge. Vinayaka Hospitality, the new owner, inherits a property with a rich history and potential for growth in the citys thriving tourism scene. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/eb31deb776acf7cb