The Week in Business: Illinois hotels posted record revenues in the past 12 months; playdates led to a business idea for a Libertyville mom.
Record revenues for Illinois hotels For hoteliers, business is booming in Illinois. On Monday, Gov. J.B. Pritzker, the state's legislative leadership and representatives of the hospitality industry announced that hotels in Illinois saw record revenues in fiscal year 2023, which ended June 30.
Addressing former hotel property Mount Prospect has fined the owners of the vacant former Holiday Inn at 200 E. Rand Road over numerous code violations that, if not addressed, could lead village officials to seek the building's demolition. Shaq's restaurant opens in Rosemont Shaquille O'Neal's Big Chicken restaurant in Rosemont was scheduled to open at 10 a.m. Tuesday, but the former NBA big man wasn't expected to attend the grand opening to avoid a repeat of the traffic and logistical nightmare that occurred at his Houston eatery's opening some two weeks ago.
Banquet facility gets second chance A dormant Palatine banquet facility is getting a new lease on life. The Palatine village council Monday granted a special use to the Saahar Group Inc. to operate Cosmopolitan Eventos at 1170 E. Dundee Road.
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