Intercontinental Opens $180M Airport Hotel

ROSEMONT, IL-The 12-story Intercontinental Chicago O’Hare recently opened just minutes from the international airport, offering more than 300,000 sf in 556 rooms, 53,000 sf of meeting space and a 275-seat live entertainment venue. The $180 million development, at 5300 North River Rd., broke ground in fall 2006.

Customer response to the hotel has been strong so far, says general manager David Hall, with the hotel fully booked four nights of the first two weeks it was open.”There hasn’t been any meaningful supply to come on the marketplace in close to a decade, and there’s never been luxury development outside of downtown,” Hall tells GlobeSt.com. “Airport markets generally aren’t viewed as the luxurious place to stay or to be, and it’s more of a business or an unfortunate travel necessity. If you’re stuck in an airport hotel, usually you’re there because you have a conference or convention or your plane didn’t take off, so there really were no destination hotels in the airport market.”