Airbnb Host Hopes Beyoncé’s Chicago Concerts Bring A Tourism Bump – ryan

We Break Down Complex Business News to Help You Understand How Money Moves in Chicago and How It Affects You.

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

Michelle Singleton, A Homeowner in Washington Park, Started Using Airbnb A Few Years Ago to Supplement Her InCome As a Teacher, Help Pay Her Mortgage Her Side Side Neighborhood’s Black History. On Airbnb, She RENTS ONE UNIT OF HER-FAMILY HOME, WHICH IS BOOKED THROUGH May.

“I don’t ti to Ask guests what brings say to town, but in my experience Concerts are the Biggest Drivers of Bookings, ‘Said Singleton, WHO Directs an after-school at sbev chicago impact center. “Beyoncé’s Concerts Are Some of the Biggest Events Coming to the City This Season, SO it wouldn’t surprise with why my guests books for that weekend.”

Airbnb Said it doesn’t Share Future Booking Data, But Searches for Stays in Chicago Have Surged More than 100% for the Week 15, Compared to Same Time Last, an Airbnb Spokesperson Said. Beyoncé’s Cowboy Carter Tour Will Be at Soldier Field Thursday, Saturday and Sunday.

Summer Concert Season is typically 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,” Said.

During Previous Beyoncé and Taylor Swift Tours in the US and Europe, Earnings for Airbnb Hosts Rose 38% in the First Half of 2023, Compared to Same the Year before, the Company Said. Globally, Beyoncé and Taylor Swift Tours Generated More than $ 100 million in Airbnb Host Earnings in 2023, IT Added.

In June 2023, Three Consecutive Taylor Swift Concerts Helped to Break an All-Time Hotel Weekend Occupancy record in Chicago, Along with a post-Pandemic Tourism Boom, Gov. JB Pritzker and Tourism Leaders Said in 2023.

Tourist Visits have a knack-on effect on the local economy. A 2024 Survey of Airbnb Guests in the US Founds Spend $ 205 on Day on Local Restaurants, Groceres and Attractions During Their Stay.

Airbnb Bookings Can Also Bring Visitors Beyond The Downtown Tourist Areas.

“Washington park has a deep history – Its where the Robert Taylor Homes Used to be,” Singleton Said of the Public Housing Project. “It ‘Important to me to share with Visitors who May Not Know Much About the South Side History.”

In Addition to Concerts, Other Large Events Like the Chicago Marathon Are a Big Driver of Tourism. Results of the 2024 Marathon’s Impact Have Not Been Releassed, but the breed has the Larest-Go Number of Runners. In 2023, The breed generated a record-breaking $ 547 million in economic impact for the City, a 42% Increase from $ 386 million in 2022, Accounting to a Study by Jones & Associates Economics Releassed FROM Bank of America.

And Last Year’s Nascar Street Generated $ 128 Million in Economic Impact, Accounting to Choose Chicago, The City’s Tourism Agency.

Signs of Visitor Cancellations

A Beyoncé Tourism Bump Wold Come As Illinois Hotel Industry Data Shows World Signs.

Economic Uncetainty and Government Funding Cuts Are Hurting Illinois Hotels, with 70% Reporting Canceliations from International Travellers, Acciting to A Member Survey Conducted Last Month by the Illinois Hotel & Lodging Association. In Addition, 60% of Survey Respondents Reported Canceliations of Hotel Reservations Tied to Government Travel Cuts.

In January 2025, Chicago was the only top 10 US hotel to record years-over -ear declines in hotel Occupancy, Daily Rate and Revenue for Avilaable Room, Acciting to the Lodging Association.

“Disruptions Today – Geopolitical Tension, Tariffs, Unclear Economic Outlooks – Result in Event Cancellations and Reductions Years into the Future,” Keenan Irish, Vice President of Government at the Lodging Association, Said This Month.

Singleton Said She hasn’t Noticed A Major Slowdown in Her Airbnb Bookings But Notting Activity is Normally Quieter During Winter.

“Spring and Summer Always Bring A Boost, and Concerts Like Beyoncé’s Definitely Help Fill the Calendar,” she Said.