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Hotel sales volume increases in the Midwest, led by Chicago, Indianapolis and Columbus

While national deal volume slows, markets in the Midwest flourish
Reflections of buildings along Michigan Avenue reflected in The Bean (Cloud Gate) in Millennium Park in Chicago. (Emilia Czader/CoStar)
Reflections of buildings along Michigan Avenue reflected in The Bean (Cloud Gate) in Millennium Park in Chicago. (Emilia Czader/CoStar)
CoStar Analytics
July 10, 2025 | 7:48 P.M.

Hotel sales in the five-largest hotel markets in the Midwest have increased, trading at a faster pace than in the previous year. Through the first five months of 2024, hotel sales amounted to $348.5 million; through the same period in 2025, that figure rose to $381.2 million, or an uptick of 9.4%.

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