Airbnb Host Hopes Beyoncé’s Chicago Concerts Elevate A Tourism Bump

While beyoncé fan gety for the grammy-guy artist’s chicago concerts this weeke, one airbnb host is already a bump in industry, the mountainous amid a dampened outlook and ongoing economic uncertainty.

Michelle Singleton, A Homeowner in Washington Park, Started The use of Airbnb A Few Years Prior to now to Complement Her InCome As a Teacher, Abet Pay Her Mortgage Her Aspect Aspect Neighborhood’s Unlit History. On Airbnb, She RENTS ONE UNIT OF HER-FAMILY HOME, WHICH IS BOOKED THROUGH Might per chance per chance.

“I don’t ti to Query guests what brings notify to metropolis, but in my journey Concerts are the Ideal Drivers of Bookings, ‘Talked about Singleton, WHO Directs an after-college at sbev chicago impression center. “Beyoncé’s Concerts Are A pair of of the Ideal Events Coming to the Metropolis This Season, SO it wouldn’t shock with why my guests books for that weekend.”

Airbnb Talked about it doesn’t Share Future Reserving Recordsdata, But Searches for Stays in Chicago Be pleased Surged Bigger than 100% for the Week 15, Compared with Identical Time Closing, an Airbnb Spokesperson Talked about. Beyoncé’s Cowboy Carter Tour Will Be at Soldier Arena Thursday, Saturday and Sunday.

Summer Concert Season is mostly Busy for Singleton.

“LOLLAPALOOZA BRINGS IN A LOT OF GUSTS TO THE CITY, AND I’M HOPEFUL THIS THIS’E’S THIS INFLOW TOO. THERE’S MORE OPPORTY FOR HOSTS LIKE WITH CHICAGO IS IN THE SPOTLIGHT,” Talked about.

For the period of Previous Beyoncé and Taylor Swift Excursions in the US and Europe, Earnings for Airbnb Hosts Rose 38% in the First Half of of 2023, Compared with Identical the Year earlier than, the Firm Talked about. Globally, Beyoncé and Taylor Swift Excursions Generated Bigger than $ 100 million in Airbnb Host Earnings in 2023, IT Added.

In June 2023, Three Consecutive Taylor Swift Concerts Helped to Fracture an All-Time Resort Weekend Occupancy document in Chicago, Alongside with a post-Pandemic Tourism Dispute, Gov. JB Pritzker and Tourism Leaders Talked about in 2023.

Tourist Visits procure a knack-on halt on the native economy. A 2024 Explore of Airbnb Guests in the US Founds Spend $ 205 on Day on Native Restaurants, Groceres and Sights For the period of Their Cease.

Airbnb Bookings Can Additionally Elevate Guests Previous The Downtown Tourist Areas.

“Washington park has a deep historical previous – Its the build the Robert Taylor Properties Feeble to be,” Singleton Talked about of the Public Housing Mission. “It ‘Vital to me to fragment with Guests who Might per chance per chance No longer Know Mighty About the South Aspect History.”

In Addition to Concerts, Other Gargantuan Events Care for the Chicago Marathon Are a Colossal Driver of Tourism. Results of the 2024 Marathon’s Affect Be pleased No longer Been Releassed, but the breed has the Larest-Wobble Selection of Runners. In 2023, The breed generated a document-breaking $ 547 million in economic impression for the Metropolis, a 42% Amplify from $ 386 million in 2022, Accounting to a Explore by Jones & Friends Economics Releassed FROM Financial institution of The us.

And Closing Year’s Nascar Avenue Generated $ 128 Million in Economic Affect, Accounting to Resolve Chicago, The Metropolis’s Tourism Agency.

Signs of Visitor Cancellations

A Beyoncé Tourism Bump Wold Reach As Illinois Resort Industry Recordsdata Shows World Signs.

Economic Uncetainty and Authorities Funding Cuts Are Hurting Illinois Accommodations, with 70% Reporting Canceliations from World Travellers, Acciting to A Member Explore Performed Closing Month by the Illinois Resort & Lodging Affiliation. In Addition, 60% of Explore Respondents Reported Canceliations of Resort Reservations Tied to Authorities Bound Cuts.

In January 2025, Chicago changed into as soon as the finest top 10 US lodge to document years-over -ear declines in lodge Occupancy, Day-to-day Rate and Revenue for Avilaable Room, Acciting to the Lodging Affiliation.

“Disruptions As of late – Geopolitical Stress, Tariffs, Unclear Economic Outlooks – Lead to Event Cancellations and Reductions Years into the Future,” Keenan Irish, Vice President of Authorities at the Lodging Affiliation, Talked about This Month.

Singleton Talked about She hasn’t Noticed A Distinguished Slowdown in Her Airbnb Bookings But Notting Exercise is Generally Quieter For the period of Winter.

“Spring and Summer Continuously Elevate A Enhance, and Concerts Care for Beyoncé’s Positively Abet Fill the Calendar,” she Talked about.