Work, Time and EffortChicago’s Tourism Plan: Raise Taxes to Attract Visitors?
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Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
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Brandon Johnson’s latest plan to boost tourism in Chicago is raising eyebrows—by raising hotel taxes to 19%. As restaurants struggle and costs climb, Chris talks about how higher prices will drive visitors away, not bring them in. Plus, a look at when raising prices can work—like Arnold Schwarzenegger’s “exclusivity” strategy—and why Chicago’s approach may miss the mark.
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
Brandon Johnson’s latest plan to boost tourism in Chicago is raising eyebrows—by raising hotel taxes to 19%. As restaurants struggle and costs climb, Chris talks about how higher prices will drive visitors away, not bring them in. Plus, a look at when raising prices can work—like Arnold Schwarzenegger’s “exclusivity” strategy—and why Chicago’s approach may miss the mark.
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Work, Time and Effort
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