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Chicago Pendry Hotel To Open Despite Decreased Demand

Montage International Plans 364 Luxury Rooms in Downtown’s Iconic Carbide & Carbon Building
The Carbide & Carbon Building, whose 24-carat gold leaf crown was designed to mimic a Champage bottle, is expected to be home to Pendry Chicago, a new hotel in the Loop central business district. (Pendry Hotels & Resorts)
The Carbide & Carbon Building, whose 24-carat gold leaf crown was designed to mimic a Champage bottle, is expected to be home to Pendry Chicago, a new hotel in the Loop central business district. (Pendry Hotels & Resorts)
By Jennifer Waters
CoStar News
January 14, 2021 | 5:50 P.M.

Montage International, the owner of the still-fledgling luxury brand Pendry Hotels & Resorts, is betting the coronavirus pandemic will soon wane and Chicago conventions and meetings will retake their oversized place in the city’s hospitality market.

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