Confidential, prepared for Midland States Bank and its advisers only, a draft for review
The hotel from the north west in daylight, the four-storey guestroom block with the conference wing along its base
Proposal

Crowne Plaza Northbrook, 2875 Milwaukee Avenue, Prospect Heights, Cook County, Illinois

a commercial new collateral loan, with a purchase agreement in place · 15 September 2026
Horwath HTL USA

A letter

Thank you for asking us to propose. What follows is what we understood, the way to begin, and where the work could go if you take it further.

The market pages inside are a sample of the book you would receive: the same figures, drawn live from the panel, at proposal length.

Bryan Younge

The porte-cochere and the entrance elevation at dusk

What we understood

Crowne Plaza Northbrook, 2875 Milwaukee Avenue, Prospect Heights, Cook County, Illinois: a commercial new collateral loan, with a purchase agreement in place.

The support you asked for

  • one appraisal report carrying three effective dates: current as is, prospective at completion, and prospective at stabilisation
  • the fee simple estate, valued as a going concern with the real estate, the tangible personal property and the intangible personal property segregated
  • the sales comparison approach, the income capitalisation approach and a discounted cash flow
  • a statement of whether the property is in a designated flood hazard area, with the Federal Emergency Management Agency map
  • the contributory value of any excess land, separated and supported
  • an estimate of marketing time

What this proposal sets out

  • detailed data and analysis, with every approach addressed on specific and verifiable comparables and no generalisations about ranges
  • an interior and exterior inspection, a building sketch with dimensions, a survey or plat, and an exterior viewing of the comparables
  • that the appraiser holds no interest in the property or in the transaction
  • any service performed on the subject property in any capacity within the past three years, disclosed

Your request, and the existence of your interest, are held in confidence.

The flow of work

where you step on

the appraisal, on the three effective dates

where this proposal starts, and the whole of it: one report on the hotel as it stands, at completion of the conversion and at stabilisation, with the going concern segregated

    option

    a bring-down of the appraisal

    available if a date moves after the report is delivered

    • if the date moves, the valuation brought down to the new date, under a separate scope and letter

    what is built at any stage carries forward into the next if it is taken; nothing here waits on anything else

    How to begin

    Option A

    the appraisal

    • appraisal of the Crowne Plaza, Prospect Heightsin-house
    USD 17,500

    The programme

    12
    01appraisal of the Crowne Plaza, Prospect HeightsWeeks 1 to 2
    one appraisal report carrying the three effective dates, the fee simple estate, and the going concern segregated into the real estate, the tangible personal property and the intangible personal property; the segregated real estate figure is the one a county assessment turns on, which is the part of this report that speaks to the reduced tax structure being arranged with the County.
    2 weeks

    There is no retainer; the fee is invoiced on delivery of the report. Expenses at cost; net 30.

    The indoor pool court with the guestroom block behind it

    The market preview

    Chicago, Illinois, read against its Chicago peers. This is the layer the book carries, at proposal length.

    68.1%Occupancy, twelve months
    USD 178Average daily rate
    USD 121RevPAR
    2026-07-31Measured through
    RevPAR against the Chicago peers, twelve-month rolling$50$100$150Chicago - IL USA 2018-01: $97Chicago - IL USA 2018-02: $97Chicago - IL USA 2018-03: $97Chicago - IL USA 2018-04: $97Chicago - IL USA 2018-05: $98Chicago - IL USA 2018-06: $98Chicago - IL USA 2018-07: $99Chicago - IL USA 2018-08: $100Chicago - IL USA 2018-09: $100Chicago - IL USA 2018-10: $101Chicago - IL USA 2018-11: $101Chicago - IL USA 2018-12: $101Chicago - IL USA 2019-01: $100Chicago - IL USA 2019-02: $100Chicago - IL USA 2019-03: $100Chicago - IL USA 2019-04: $100Chicago - IL USA 2019-05: $101Chicago - IL USA 2019-06: $100Chicago - IL USA 2019-07: $100Chicago - IL USA 2019-08: $100Chicago - IL USA 2019-09: $100Chicago - IL USA 2019-10: $99Chicago - IL USA 2019-11: $99Chicago - IL USA 2019-12: $100Chicago - IL USA 2020-01: $100Chicago - IL USA 2020-02: $100Chicago - IL USA 2020-03: $96Chicago - IL USA 2020-04: $91Chicago - IL USA 2020-05: $83Chicago - IL USA 2020-06: $74Chicago - IL USA 2020-07: $67Chicago - IL USA 2020-08: $60Chicago - IL USA 2020-09: $52Chicago - IL USA 2020-10: $43Chicago - IL USA 2020-11: $36Chicago - IL USA 2020-12: $32Chicago - IL USA 2021-01: $29Chicago - IL USA 2021-02: $26Chicago - IL USA 2021-03: $26Chicago - IL USA 2021-04: $28Chicago - IL USA 2021-05: $30Chicago - IL USA 2021-06: $34Chicago - IL USA 2021-07: $39Chicago - IL USA 2021-08: $43Chicago - IL USA 2021-09: $48Chicago - IL USA 2021-10: $53Chicago - IL USA 2021-11: $57Chicago - IL USA 2021-12: $60Chicago - IL USA 2022-01: $60Chicago - IL USA 2022-02: $62Chicago - IL USA 2022-03: $64Chicago - IL USA 2022-04: $68Chicago - IL USA 2022-05: $72Chicago - IL USA 2022-06: $78Chicago - IL USA 2022-07: $82Chicago - IL USA 2022-08: $85Chicago - IL USA 2022-09: $89Chicago - IL USA 2022-10: $92Chicago - IL USA 2022-11: $94Chicago - IL USA 2022-12: $95Chicago - IL USA 2023-01: $96Chicago - IL USA 2023-02: $97Chicago - IL USA 2023-03: $98Chicago - IL USA 2023-04: $100Chicago - IL USA 2023-05: $101Chicago - IL USA 2023-06: $102Chicago - IL USA 2023-07: $101Chicago - IL USA 2023-08: $102Chicago - IL USA 2023-09: $101Chicago - IL USA 2023-10: $102Chicago - IL USA 2023-11: $102Chicago - IL USA 2023-12: $102Chicago - IL USA 2024-01: $102Chicago - IL USA 2024-02: $102Chicago - IL USA 2024-03: $102Chicago - IL USA 2024-04: $102Chicago - IL USA 2024-05: $103Chicago - IL USA 2024-06: $103Chicago - IL USA 2024-07: $103Chicago - IL USA 2024-08: $106Chicago - IL USA 2024-09: $107Chicago - IL USA 2024-10: $107Chicago - IL USA 2024-11: $109Chicago - IL USA 2024-12: $110Chicago - IL USA 2025-01: $110Chicago - IL USA 2025-02: $110Chicago - IL USA 2025-03: $111Chicago - IL USA 2025-04: $111Chicago - IL USA 2025-05: $112Chicago - IL USA 2025-06: $112Chicago - IL USA 2025-07: $113Chicago - IL USA 2025-08: $113Chicago - IL USA 2025-09: $113Chicago - IL USA 2025-10: $114Chicago - IL USA 2025-11: $114Chicago - IL USA 2025-12: $114Chicago - IL USA 2026-01: $114Chicago - IL USA 2026-02: $114Chicago - IL USA 2026-03: $114Chicago - IL USA 2026-04: $115Chicago - IL USA 2026-05: $116Chicago - IL USA 2026-06: $119Chicago - IL USA 2026-07: $121$121Chicago - IL USA - Chicago Northwest 2018-01: $56Chicago - IL USA - Chicago Northwest 2018-02: $56Chicago - IL USA - Chicago Northwest 2018-03: $56Chicago - IL USA - Chicago Northwest 2018-04: $56Chicago - IL USA - Chicago Northwest 2018-05: $56Chicago - IL USA - Chicago Northwest 2018-06: $56Chicago - IL USA - Chicago Northwest 2018-07: $56Chicago - IL USA - Chicago Northwest 2018-08: $56Chicago - IL USA - Chicago Northwest 2018-09: $56Chicago - IL USA - Chicago Northwest 2018-10: $56Chicago - IL USA - Chicago Northwest 2018-11: $56Chicago - IL USA - Chicago Northwest 2018-12: $56Chicago - IL USA - Chicago Northwest 2019-01: $56Chicago - IL USA - Chicago Northwest 2019-02: $56Chicago - IL USA - Chicago Northwest 2019-03: $56Chicago - IL USA - Chicago Northwest 2019-04: $56Chicago - IL USA - Chicago Northwest 2019-05: $56Chicago - IL USA - Chicago Northwest 2019-06: $56Chicago - IL USA - Chicago Northwest 2019-07: $57Chicago - IL USA - Chicago Northwest 2019-08: $57Chicago - IL USA - Chicago Northwest 2019-09: $57Chicago - IL USA - Chicago Northwest 2019-10: $57Chicago - IL USA - Chicago Northwest 2019-11: $57Chicago - IL USA - Chicago Northwest 2019-12: $57Chicago - IL USA - Chicago Northwest 2020-01: $58Chicago - IL USA - Chicago Northwest 2020-02: $58Chicago - IL USA - Chicago Northwest 2020-03: $56Chicago - IL USA - Chicago Northwest 2020-04: $52Chicago - IL USA - Chicago Northwest 2020-05: $48Chicago - IL USA - Chicago Northwest 2020-06: $44Chicago - IL USA - Chicago Northwest 2020-07: $40Chicago - IL USA - Chicago Northwest 2020-08: $36Chicago - IL USA - Chicago Northwest 2020-09: $33Chicago - IL USA - Chicago Northwest 2020-10: $29Chicago - IL USA - Chicago Northwest 2020-11: $27Chicago - IL USA - Chicago Northwest 2020-12: $25Chicago - IL USA - Chicago Northwest 2021-01: $23Chicago - IL USA - Chicago Northwest 2021-02: $21Chicago - IL USA - Chicago Northwest 2021-03: $21Chicago - IL USA - Chicago Northwest 2021-04: $23Chicago - IL USA - Chicago Northwest 2021-05: $25Chicago - IL USA - Chicago Northwest 2021-06: $27Chicago - IL USA - Chicago Northwest 2021-07: $30Chicago - IL USA - Chicago Northwest 2021-08: $33Chicago - IL USA - Chicago Northwest 2021-09: $35Chicago - IL USA - Chicago Northwest 2021-10: $38Chicago - IL USA - Chicago Northwest 2021-11: $40Chicago - IL USA - Chicago Northwest 2021-12: $42Chicago - IL USA - Chicago Northwest 2022-01: $43Chicago - IL USA - Chicago Northwest 2022-02: $45Chicago - IL USA - Chicago Northwest 2022-03: $47Chicago - IL USA - Chicago Northwest 2022-04: $48Chicago - IL USA - Chicago Northwest 2022-05: $50Chicago - IL USA - Chicago Northwest 2022-06: $52Chicago - IL USA - Chicago Northwest 2022-07: $54Chicago - IL USA - Chicago Northwest 2022-08: $54Chicago - IL USA - Chicago Northwest 2022-09: $56Chicago - IL USA - Chicago Northwest 2022-10: $57Chicago - IL USA - Chicago Northwest 2022-11: $57Chicago - IL USA - Chicago Northwest 2022-12: $58Chicago - IL USA - Chicago Northwest 2023-01: $58Chicago - IL USA - Chicago Northwest 2023-02: $59Chicago - IL USA - Chicago Northwest 2023-03: $59Chicago - IL USA - Chicago Northwest 2023-04: $60Chicago - IL USA - Chicago Northwest 2023-05: $60Chicago - IL USA - Chicago Northwest 2023-06: $60Chicago - IL USA - Chicago Northwest 2023-07: $60Chicago - IL USA - Chicago Northwest 2023-08: $60Chicago - IL USA - Chicago Northwest 2023-09: $60Chicago - IL USA - Chicago Northwest 2023-10: $60Chicago - IL USA - Chicago Northwest 2023-11: $59Chicago - IL USA - Chicago Northwest 2023-12: $59Chicago - IL USA - Chicago Northwest 2024-01: $59Chicago - IL USA - Chicago Northwest 2024-02: $59Chicago - IL USA - Chicago Northwest 2024-03: $59Chicago - IL USA - Chicago Northwest 2024-04: $59Chicago - IL USA - Chicago Northwest 2024-05: $60Chicago - IL USA - Chicago Northwest 2024-06: $60Chicago - IL USA - Chicago Northwest 2024-07: $60Chicago - IL USA - Chicago Northwest 2024-08: $61Chicago - IL USA - Chicago Northwest 2024-09: $61Chicago - IL USA - Chicago Northwest 2024-10: $62Chicago - IL USA - Chicago Northwest 2024-11: $62Chicago - IL USA - Chicago Northwest 2024-12: $62Chicago - IL USA - Chicago Northwest 2025-01: $63Chicago - IL USA - Chicago Northwest 2025-02: $63Chicago - IL USA - Chicago Northwest 2025-03: $63Chicago - IL USA - Chicago Northwest 2025-04: $63Chicago - IL USA - Chicago Northwest 2025-05: $63Chicago - IL USA - Chicago Northwest 2025-06: $63Chicago - IL USA - Chicago Northwest 2025-07: $64Chicago - IL USA - Chicago Northwest 2025-08: $64Chicago - IL USA - Chicago Northwest 2025-09: $65Chicago - IL USA - Chicago Northwest 2025-10: $65Chicago - IL USA - Chicago Northwest 2025-11: $65Chicago - IL USA - Chicago Northwest 2025-12: $65Chicago - IL USA - Chicago Northwest 2026-01: $66Chicago - IL USA - Chicago Northwest 2026-02: $66Chicago - IL USA - Chicago Northwest 2026-03: $67Chicago - IL USA - Chicago Northwest 2026-04: $67Chicago - IL USA - Chicago Northwest 2026-05: $68Chicago - IL USA - Chicago Northwest 2026-06: $69Chicago - IL USA - Chicago Northwest 2026-07: $71$71Chicago - IL USA - Lake County 2018-01: $62Chicago - IL USA - Lake County 2018-02: $62Chicago - IL USA - Lake County 2018-03: $63Chicago - IL USA - Lake County 2018-04: $63Chicago - IL USA - Lake County 2018-05: $63Chicago - IL USA - Lake County 2018-06: $63Chicago - IL USA - Lake County 2018-07: $64Chicago - IL USA - Lake County 2018-08: $65Chicago - IL USA - Lake County 2018-09: $65Chicago - IL USA - Lake County 2018-10: $66Chicago - IL USA - Lake County 2018-11: $66Chicago - IL USA - Lake County 2018-12: $67Chicago - IL USA - Lake County 2019-01: $67Chicago - IL USA - Lake County 2019-02: $68Chicago - IL USA - Lake County 2019-03: $68Chicago - IL USA - Lake County 2019-04: $68Chicago - IL USA - Lake County 2019-05: $68Chicago - IL USA - Lake County 2019-06: $69Chicago - IL USA - Lake County 2019-07: $69Chicago - IL USA - Lake County 2019-08: $69Chicago - IL USA - Lake County 2019-09: $69Chicago - IL USA - Lake County 2019-10: $70Chicago - IL USA - Lake County 2019-11: $70Chicago - IL USA - Lake County 2019-12: $70Chicago - IL USA - Lake County 2020-01: $70Chicago - IL USA - Lake County 2020-02: $70Chicago - IL USA - Lake County 2020-03: $68Chicago - IL USA - Lake County 2020-04: $64Chicago - IL USA - Lake County 2020-05: $60Chicago - IL USA - Lake County 2020-06: $54Chicago - IL USA - Lake County 2020-07: $50Chicago - IL USA - Lake County 2020-08: $46Chicago - IL USA - Lake County 2020-09: $42Chicago - IL USA - Lake County 2020-10: $37Chicago - IL USA - Lake County 2020-11: $33Chicago - IL USA - Lake County 2020-12: $31Chicago - IL USA - Lake County 2021-01: $28Chicago - IL USA - Lake County 2021-02: $25Chicago - IL USA - Lake County 2021-03: $25Chicago - IL USA - Lake County 2021-04: $27Chicago - IL USA - Lake County 2021-05: $28Chicago - IL USA - Lake County 2021-06: $31Chicago - IL USA - Lake County 2021-07: $34Chicago - IL USA - Lake County 2021-08: $37Chicago - IL USA - Lake County 2021-09: $39Chicago - IL USA - Lake County 2021-10: $42Chicago - IL USA - Lake County 2021-11: $44Chicago - IL USA - Lake County 2021-12: $46Chicago - IL USA - Lake County 2022-01: $48Chicago - IL USA - Lake County 2022-02: $49Chicago - IL USA - Lake County 2022-03: $51Chicago - IL USA - Lake County 2022-04: $53Chicago - IL USA - Lake County 2022-05: $55Chicago - IL USA - Lake County 2022-06: $56Chicago - IL USA - Lake County 2022-07: $58Chicago - IL USA - Lake County 2022-08: $59Chicago - IL USA - Lake County 2022-09: $60Chicago - IL USA - Lake County 2022-10: $62Chicago - IL USA - Lake County 2022-11: $63Chicago - IL USA - Lake County 2022-12: $64Chicago - IL USA - Lake County 2023-01: $64Chicago - IL USA - Lake County 2023-02: $65Chicago - IL USA - Lake County 2023-03: $66Chicago - IL USA - Lake County 2023-04: $66Chicago - IL USA - Lake County 2023-05: $66Chicago - IL USA - Lake County 2023-06: $67Chicago - IL USA - Lake County 2023-07: $67Chicago - IL USA - Lake County 2023-08: $67Chicago - IL USA - Lake County 2023-09: $68Chicago - IL USA - Lake County 2023-10: $68Chicago - IL USA - Lake County 2023-11: $68Chicago - IL USA - Lake County 2023-12: $68Chicago - IL USA - Lake County 2024-01: $68Chicago - IL USA - Lake County 2024-02: $68Chicago - IL USA - Lake County 2024-03: $69Chicago - IL USA - Lake County 2024-04: $69Chicago - IL USA - Lake County 2024-05: $69Chicago - IL USA - Lake County 2024-06: $70Chicago - IL USA - Lake County 2024-07: $70Chicago - IL USA - Lake County 2024-08: $71Chicago - IL USA - Lake County 2024-09: $71Chicago - IL USA - Lake County 2024-10: $72Chicago - IL USA - Lake County 2024-11: $72Chicago - IL USA - Lake County 2024-12: $73Chicago - IL USA - Lake County 2025-01: $73Chicago - IL USA - Lake County 2025-02: $74Chicago - IL USA - Lake County 2025-03: $74Chicago - IL USA - Lake County 2025-04: $75Chicago - IL USA - Lake County 2025-05: $76Chicago - IL USA - Lake County 2025-06: $76Chicago - IL USA - Lake County 2025-07: $77Chicago - IL USA - Lake County 2025-08: $77Chicago - IL USA - Lake County 2025-09: $78Chicago - IL USA - Lake County 2025-10: $79Chicago - IL USA - Lake County 2025-11: $79Chicago - IL USA - Lake County 2025-12: $79Chicago - IL USA - Lake County 2026-01: $79Chicago - IL USA - Lake County 2026-02: $79Chicago - IL USA - Lake County 2026-03: $79Chicago - IL USA - Lake County 2026-04: $79Chicago - IL USA - Lake County 2026-05: $79Chicago - IL USA - Lake County 2026-06: $80Chicago - IL USA - Lake County 2026-07: $80$80Atlanta - GA 2018-01: $74Atlanta - GA 2018-02: $74Atlanta - GA 2018-03: $74Atlanta - GA 2018-04: $75Atlanta - GA 2018-05: $75Atlanta - GA 2018-06: $75Atlanta - GA 2018-07: $76Atlanta - GA 2018-08: $76Atlanta - GA 2018-09: $76Atlanta - GA 2018-10: $76Atlanta - GA 2018-11: $76Atlanta - GA 2018-12: $76Atlanta - GA 2019-01: $76Atlanta - GA 2019-02: $78Atlanta - GA 2019-03: $78Atlanta - GA 2019-04: $78Atlanta - GA 2019-05: $78Atlanta - GA 2019-06: $79Atlanta - GA 2019-07: $79Atlanta - GA 2019-08: $78Atlanta - GA 2019-09: $78Atlanta - GA 2019-10: $78Atlanta - GA 2019-11: $78Atlanta - GA 2019-12: $78Atlanta - GA 2020-01: $77Atlanta - GA 2020-02: $76Atlanta - GA 2020-03: $72Atlanta - GA 2020-04: $67Atlanta - GA 2020-05: $63Atlanta - GA 2020-06: $59Atlanta - GA 2020-07: $55Atlanta - GA 2020-08: $52Atlanta - GA 2020-09: $49Atlanta - GA 2020-10: $46Atlanta - GA 2020-11: $43Atlanta - GA 2020-12: $41Atlanta - GA 2021-01: $38Atlanta - GA 2021-02: $36Atlanta - GA 2021-03: $37Atlanta - GA 2021-04: $40Atlanta - GA 2021-05: $43Atlanta - GA 2021-06: $45Atlanta - GA 2021-07: $49Atlanta - GA 2021-08: $51Atlanta - GA 2021-09: $53Atlanta - GA 2021-10: $56Atlanta - GA 2021-11: $58Atlanta - GA 2021-12: $60Atlanta - GA 2022-01: $62Atlanta - GA 2022-02: $63Atlanta - GA 2022-03: $66Atlanta - GA 2022-04: $68Atlanta - GA 2022-05: $70Atlanta - GA 2022-06: $71Atlanta - GA 2022-07: $72Atlanta - GA 2022-08: $73Atlanta - GA 2022-09: $74Atlanta - GA 2022-10: $75Atlanta - GA 2022-11: $76Atlanta - GA 2022-12: $77Atlanta - GA 2023-01: $78Atlanta - GA 2023-02: $80Atlanta - GA 2023-03: $81Atlanta - GA 2023-04: $81Atlanta - GA 2023-05: $82Atlanta - GA 2023-06: $82Atlanta - GA 2023-07: $82Atlanta - GA 2023-08: $82Atlanta - GA 2023-09: $82Atlanta - GA 2023-10: $82Atlanta - GA 2023-11: $82Atlanta - GA 2023-12: $82Atlanta - GA 2024-01: $81Atlanta - GA 2024-02: $81Atlanta - GA 2024-03: $81Atlanta - GA 2024-04: $80Atlanta - GA 2024-05: $80Atlanta - GA 2024-06: $80Atlanta - GA 2024-07: $80Atlanta - GA 2024-08: $80Atlanta - GA 2024-09: $80Atlanta - GA 2024-10: $80Atlanta - GA 2024-11: $80Atlanta - GA 2024-12: $80Atlanta - GA 2025-01: $81Atlanta - GA 2025-02: $81Atlanta - GA 2025-03: $81Atlanta - GA 2025-04: $81Atlanta - GA 2025-05: $81Atlanta - GA 2025-06: $80Atlanta - GA 2025-07: $81Atlanta - GA 2025-08: $81Atlanta - GA 2025-09: $80Atlanta - GA 2025-10: $80Atlanta - GA 2025-11: $79Atlanta - GA 2025-12: $79Atlanta - GA 2026-01: $78Atlanta - GA 2026-02: $78Atlanta - GA 2026-03: $79Atlanta - GA 2026-04: $79Atlanta - GA 2026-05: $79Atlanta - GA 2026-06: $80Atlanta - GA 2026-07: $80$80Dallas - TX 2018-01: $73Dallas - TX 2018-02: $73Dallas - TX 2018-03: $73Dallas - TX 2018-04: $74Dallas - TX 2018-05: $74Dallas - TX 2018-06: $74Dallas - TX 2018-07: $74Dallas - TX 2018-08: $74Dallas - TX 2018-09: $73Dallas - TX 2018-10: $74Dallas - TX 2018-11: $73Dallas - TX 2018-12: $73Dallas - TX 2019-01: $73Dallas - TX 2019-02: $73Dallas - TX 2019-03: $73Dallas - TX 2019-04: $73Dallas - TX 2019-05: $73Dallas - TX 2019-06: $73Dallas - TX 2019-07: $73Dallas - TX 2019-08: $73Dallas - TX 2019-09: $73Dallas - TX 2019-10: $73Dallas - TX 2019-11: $73Dallas - TX 2019-12: $73Dallas - TX 2020-01: $73Dallas - TX 2020-02: $74Dallas - TX 2020-03: $70Dallas - TX 2020-04: $65Dallas - TX 2020-05: $60Dallas - TX 2020-06: $56Dallas - TX 2020-07: $53Dallas - TX 2020-08: $50Dallas - TX 2020-09: $47Dallas - TX 2020-10: $43Dallas - TX 2020-11: $39Dallas - TX 2020-12: $37Dallas - TX 2021-01: $33Dallas - TX 2021-02: $30Dallas - TX 2021-03: $31Dallas - TX 2021-04: $34Dallas - TX 2021-05: $38Dallas - TX 2021-06: $40Dallas - TX 2021-07: $43Dallas - TX 2021-08: $45Dallas - TX 2021-09: $48Dallas - TX 2021-10: $50Dallas - TX 2021-11: $53Dallas - TX 2021-12: $56Dallas - TX 2022-01: $58Dallas - TX 2022-02: $60Dallas - TX 2022-03: $62Dallas - TX 2022-04: $65Dallas - TX 2022-05: $67Dallas - TX 2022-06: $68Dallas - TX 2022-07: $69Dallas - TX 2022-08: $70Dallas - TX 2022-09: $72Dallas - TX 2022-10: $74Dallas - TX 2022-11: $75Dallas - TX 2022-12: $75Dallas - TX 2023-01: $77Dallas - TX 2023-02: $78Dallas - TX 2023-03: $79Dallas - TX 2023-04: $80Dallas - TX 2023-05: $80Dallas - TX 2023-06: $80Dallas - TX 2023-07: $81Dallas - TX 2023-08: $81Dallas - TX 2023-09: $82Dallas - TX 2023-10: $82Dallas - TX 2023-11: $82Dallas - TX 2023-12: $82Dallas - TX 2024-01: $82Dallas - TX 2024-02: $82Dallas - TX 2024-03: $82Dallas - TX 2024-04: $83Dallas - TX 2024-05: $84Dallas - TX 2024-06: $84Dallas - TX 2024-07: $84Dallas - TX 2024-08: $84Dallas - TX 2024-09: $84Dallas - TX 2024-10: $84Dallas - TX 2024-11: $84Dallas - TX 2024-12: $84Dallas - TX 2025-01: $84Dallas - TX 2025-02: $84Dallas - TX 2025-03: $84Dallas - TX 2025-04: $84Dallas - TX 2025-05: $83Dallas - TX 2025-06: $83Dallas - 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IL USA - Chicago O'Hare Airport 2019-02: $84Chicago - IL USA - Chicago O'Hare Airport 2019-03: $84Chicago - IL USA - Chicago O'Hare Airport 2019-04: $84Chicago - IL USA - Chicago O'Hare Airport 2019-05: $84Chicago - IL USA - Chicago O'Hare Airport 2019-06: $84Chicago - IL USA - Chicago O'Hare Airport 2019-07: $84Chicago - IL USA - Chicago O'Hare Airport 2019-08: $84Chicago - IL USA - Chicago O'Hare Airport 2019-09: $84Chicago - IL USA - Chicago O'Hare Airport 2019-10: $84Chicago - IL USA - Chicago O'Hare Airport 2019-11: $83Chicago - IL USA - Chicago O'Hare Airport 2019-12: $84Chicago - IL USA - Chicago O'Hare Airport 2020-01: $84Chicago - IL USA - Chicago O'Hare Airport 2020-02: $83Chicago - IL USA - Chicago O'Hare Airport 2020-03: $80Chicago - IL USA - Chicago O'Hare Airport 2020-04: $75Chicago - IL USA - Chicago O'Hare Airport 2020-05: $69Chicago - IL USA - Chicago O'Hare Airport 2020-06: $62Chicago - IL USA - Chicago O'Hare Airport 2020-07: $56Chicago - IL USA - Chicago O'Hare Airport 2020-08: $50Chicago - IL USA - Chicago O'Hare Airport 2020-09: $44Chicago - IL USA - Chicago O'Hare Airport 2020-10: $37Chicago - IL USA - Chicago O'Hare Airport 2020-11: $32Chicago - IL USA - Chicago O'Hare Airport 2020-12: $29Chicago - IL USA - Chicago O'Hare Airport 2021-01: $26Chicago - IL USA - Chicago O'Hare Airport 2021-02: $23Chicago - IL USA - Chicago O'Hare Airport 2021-03: $23Chicago - IL USA - Chicago O'Hare Airport 2021-04: $24Chicago - IL USA - Chicago O'Hare Airport 2021-05: $26Chicago - IL USA - Chicago O'Hare Airport 2021-06: $28Chicago - IL USA - Chicago O'Hare Airport 2021-07: $32Chicago - IL USA - Chicago O'Hare Airport 2021-08: $36Chicago - IL USA - Chicago O'Hare Airport 2021-09: $39Chicago - IL USA - Chicago O'Hare Airport 2021-10: $43Chicago - IL USA - Chicago O'Hare Airport 2021-11: $46Chicago - IL USA - Chicago O'Hare Airport 2021-12: $48Chicago - IL USA - Chicago O'Hare Airport 2022-01: $50Chicago - IL USA - Chicago O'Hare Airport 2022-02: $52Chicago - IL USA - Chicago O'Hare Airport 2022-03: $54Chicago - IL USA - Chicago O'Hare Airport 2022-04: $57Chicago - IL USA - Chicago O'Hare Airport 2022-05: $60Chicago - IL USA - Chicago O'Hare Airport 2022-06: $65Chicago - IL USA - Chicago O'Hare Airport 2022-07: $67Chicago - IL USA - Chicago O'Hare Airport 2022-08: $68Chicago - IL USA - Chicago O'Hare Airport 2022-09: $71Chicago - IL USA - Chicago O'Hare Airport 2022-10: $73Chicago - IL USA - Chicago O'Hare Airport 2022-11: $76Chicago - IL USA - Chicago O'Hare Airport 2022-12: $77Chicago - IL USA - Chicago O'Hare Airport 2023-01: $78Chicago - IL USA - Chicago O'Hare Airport 2023-02: $79Chicago - IL USA - Chicago O'Hare Airport 2023-03: $80Chicago - IL USA - Chicago O'Hare Airport 2023-04: $81Chicago - IL USA - Chicago O'Hare Airport 2023-05: $82Chicago - IL USA - Chicago O'Hare Airport 2023-06: $82Chicago - IL USA - Chicago O'Hare Airport 2023-07: $83Chicago - IL USA - Chicago O'Hare Airport 2023-08: $83Chicago - IL USA - Chicago O'Hare Airport 2023-09: $82Chicago - IL USA - Chicago O'Hare Airport 2023-10: $82Chicago - IL USA - Chicago O'Hare Airport 2023-11: $82Chicago - IL USA - Chicago O'Hare Airport 2023-12: $81Chicago - IL USA - Chicago O'Hare Airport 2024-01: $82Chicago - IL USA - Chicago O'Hare Airport 2024-02: $81Chicago - IL USA - Chicago O'Hare Airport 2024-03: $81Chicago - IL USA - Chicago O'Hare Airport 2024-04: $81Chicago - IL USA - Chicago O'Hare Airport 2024-05: $82Chicago - IL USA - Chicago O'Hare Airport 2024-06: $82Chicago - IL USA - Chicago O'Hare Airport 2024-07: $82Chicago - IL USA - Chicago O'Hare Airport 2024-08: $84Chicago - IL USA - Chicago O'Hare Airport 2024-09: $85Chicago - IL USA - Chicago O'Hare Airport 2024-10: $86Chicago - IL USA - Chicago O'Hare Airport 2024-11: $87Chicago - IL USA - Chicago O'Hare Airport 2024-12: $88Chicago - IL USA - Chicago O'Hare Airport 2025-01: $88Chicago - IL USA - Chicago O'Hare Airport 2025-02: $88Chicago - IL USA - Chicago O'Hare Airport 2025-03: $89Chicago - IL USA - Chicago O'Hare Airport 2025-04: $89Chicago - IL USA - Chicago O'Hare Airport 2025-05: $89Chicago - IL USA - Chicago O'Hare Airport 2025-06: $90Chicago - IL USA - Chicago O'Hare Airport 2025-07: $91Chicago - IL USA - Chicago O'Hare Airport 2025-08: $91Chicago - IL USA - Chicago O'Hare Airport 2025-09: $91Chicago - IL USA - Chicago O'Hare Airport 2025-10: $91Chicago - IL USA - Chicago O'Hare Airport 2025-11: $91Chicago - IL USA - Chicago O'Hare Airport 2025-12: $92Chicago - IL USA - Chicago O'Hare Airport 2026-01: $92Chicago - IL USA - Chicago O'Hare Airport 2026-02: $93Chicago - IL USA - Chicago O'Hare Airport 2026-03: $94Chicago - IL USA - Chicago O'Hare Airport 2026-04: $95Chicago - IL USA - Chicago O'Hare Airport 2026-05: $96Chicago - IL USA - Chicago O'Hare Airport 2026-06: $97Chicago - IL USA - Chicago O'Hare Airport 2026-07: $99$99Chicago - IL USA - Chicago North 2018-01: $72Chicago - IL USA - Chicago North 2018-02: $73Chicago - IL USA - Chicago North 2018-03: $73Chicago - IL USA - Chicago North 2018-04: $73Chicago - IL USA - Chicago North 2018-05: $74Chicago - IL USA - Chicago North 2018-06: $74Chicago - IL USA - Chicago North 2018-07: $74Chicago - IL USA - Chicago North 2018-08: $74Chicago - IL USA - Chicago North 2018-09: $75Chicago - IL USA - Chicago North 2018-10: $75Chicago - IL USA - Chicago North 2018-11: $75Chicago - IL USA - Chicago North 2018-12: $75Chicago - IL USA - Chicago North 2019-01: $75Chicago - IL USA - Chicago North 2019-02: $75Chicago - IL USA - Chicago North 2019-03: $75Chicago - IL USA - Chicago North 2019-04: $75Chicago - IL USA - Chicago North 2019-05: $75Chicago - IL USA - Chicago North 2019-06: $75Chicago - IL USA - Chicago North 2019-07: $74Chicago - IL USA - Chicago North 2019-08: $74Chicago - IL USA - Chicago North 2019-09: $73Chicago - IL USA - Chicago North 2019-10: $73Chicago - IL USA - Chicago North 2019-11: $73Chicago - IL USA - Chicago North 2019-12: $73Chicago - IL USA - Chicago North 2020-01: $73Chicago - IL USA - Chicago North 2020-02: $73Chicago - IL USA - Chicago North 2020-03: $71Chicago - IL USA - Chicago North 2020-04: $67Chicago - IL USA - Chicago North 2020-05: $62Chicago - IL USA - Chicago North 2020-06: $56Chicago - IL USA - Chicago North 2020-07: $51Chicago - IL USA - Chicago North 2020-08: $46Chicago - IL USA - Chicago North 2020-09: $41Chicago - IL USA - Chicago North 2020-10: $35Chicago - IL USA - Chicago North 2020-11: $31Chicago - IL USA - Chicago North 2020-12: $28Chicago - IL USA - Chicago North 2021-01: $26Chicago - IL USA - Chicago North 2021-02: $23Chicago - IL USA - Chicago North 2021-03: $23Chicago - IL USA - Chicago North 2021-04: $24Chicago - IL USA - Chicago North 2021-05: $26Chicago - IL USA - Chicago North 2021-06: $29Chicago - IL USA - Chicago North 2021-07: $32Chicago - IL USA - Chicago North 2021-08: $36Chicago - IL USA - Chicago North 2021-09: $39Chicago - IL USA - Chicago North 2021-10: $42Chicago - IL USA - Chicago North 2021-11: $45Chicago - IL USA - Chicago North 2021-12: $46Chicago - IL USA - Chicago North 2022-01: $47Chicago - IL USA - Chicago North 2022-02: $48Chicago - IL USA - Chicago North 2022-03: $50Chicago - IL USA - Chicago North 2022-04: $52Chicago - IL USA - Chicago North 2022-05: $55Chicago - IL USA - Chicago North 2022-06: $58Chicago - IL USA - Chicago North 2022-07: $60Chicago - IL USA - Chicago North 2022-08: $61Chicago - IL USA - Chicago North 2022-09: $64Chicago - IL USA - Chicago North 2022-10: $66Chicago - IL USA - Chicago North 2022-11: $67Chicago - IL USA - Chicago North 2022-12: $68Chicago - IL USA - Chicago North 2023-01: $69Chicago - IL USA - Chicago North 2023-02: $70Chicago - IL USA - Chicago North 2023-03: $71Chicago - IL USA - Chicago North 2023-04: $72Chicago - IL USA - Chicago North 2023-05: $72Chicago - IL USA - Chicago North 2023-06: $73Chicago - IL USA - Chicago North 2023-07: $74Chicago - IL USA - Chicago North 2023-08: $74Chicago - IL USA - Chicago North 2023-09: $74Chicago - IL USA - Chicago North 2023-10: $74Chicago - IL USA - Chicago North 2023-11: $74Chicago - IL USA - Chicago North 2023-12: $74Chicago - IL USA - Chicago North 2024-01: $74Chicago - IL USA - Chicago North 2024-02: $74Chicago - IL USA - Chicago North 2024-03: $74Chicago - IL USA - Chicago North 2024-04: $75Chicago - IL USA - Chicago North 2024-05: $75Chicago - IL USA - Chicago North 2024-06: $75Chicago - IL USA - Chicago North 2024-07: $75Chicago - IL USA - Chicago North 2024-08: $76Chicago - IL USA - Chicago North 2024-09: $77Chicago - IL USA - Chicago North 2024-10: $77Chicago - IL USA - Chicago North 2024-11: $78Chicago - IL USA - Chicago North 2024-12: $78Chicago - IL USA - Chicago North 2025-01: $78Chicago - IL USA - Chicago North 2025-02: $78Chicago - IL USA - Chicago North 2025-03: $79Chicago - IL USA - Chicago North 2025-04: $80Chicago - IL USA - Chicago North 2025-05: $81Chicago - IL USA - Chicago North 2025-06: $82Chicago - IL USA - Chicago North 2025-07: $84Chicago - IL USA - Chicago North 2025-08: $85Chicago - IL USA - Chicago North 2025-09: $85Chicago - IL USA - Chicago North 2025-10: $87Chicago - IL USA - Chicago North 2025-11: $87Chicago - IL USA - Chicago North 2025-12: $87Chicago - IL USA - Chicago North 2026-01: $88Chicago - IL USA - Chicago North 2026-02: $88Chicago - IL USA - Chicago North 2026-03: $89Chicago - IL USA - Chicago North 2026-04: $89Chicago - IL USA - Chicago North 2026-05: $90Chicago - IL USA - Chicago North 2026-06: $91Chicago - IL USA - Chicago North 2026-07: $92$92Washington - DC 2018-01: $114Washington - DC 2018-02: $114Washington - DC 2018-03: $113Washington - DC 2018-04: $114Washington - DC 2018-05: $114Washington - DC 2018-06: $115Washington - DC 2018-07: $114Washington - DC 2018-08: $114Washington - DC 2018-09: $114Washington - DC 2018-10: $113Washington - DC 2018-11: $112Washington - DC 2018-12: $113Washington - DC 2019-01: $112Washington - DC 2019-02: $112Washington - DC 2019-03: $112Washington - DC 2019-04: $111Washington - DC 2019-05: $112Washington - DC 2019-06: $111Washington - DC 2019-07: $112Washington - DC 2019-08: $112Washington - DC 2019-09: $113Washington - DC 2019-10: $113Washington - DC 2019-11: $114Washington - DC 2019-12: $114Washington - DC 2020-01: $114Washington - DC 2020-02: $115Washington - DC 2020-03: $108Washington - DC 2020-04: $100Washington - DC 2020-05: $90Washington - DC 2020-06: $82Washington - DC 2020-07: $75Washington - DC 2020-08: $70Washington - DC 2020-09: $63Washington - DC 2020-10: $52Washington - DC 2020-11: $46Washington - DC 2020-12: $41Washington - DC 2021-01: $39Washington - DC 2021-02: $34Washington - DC 2021-03: $32Washington - DC 2021-04: $34Washington - DC 2021-05: $36Washington - DC 2021-06: $39Washington - DC 2021-07: $42Washington - DC 2021-08: $45Washington - DC 2021-09: $48Washington - DC 2021-10: $52Washington - DC 2021-11: $55Washington - DC 2021-12: $58Washington - DC 2022-01: $57Washington - DC 2022-02: $59Washington - DC 2022-03: $63Washington - DC 2022-04: $70Washington - DC 2022-05: $76Washington - DC 2022-06: $82Washington - DC 2022-07: $85Washington - DC 2022-08: $87Washington - DC 2022-09: $92Washington - DC 2022-10: $97Washington - DC 2022-11: $99Washington - DC 2022-12: $101Washington - DC 2023-01: $104Washington - DC 2023-02: $106Washington - DC 2023-03: $110Washington - DC 2023-04: $112Washington - DC 2023-05: $115Washington - DC 2023-06: $116Washington - DC 2023-07: $117Washington - DC 2023-08: $117Washington - DC 2023-09: $119Washington - DC 2023-10: $120Washington - DC 2023-11: $121Washington - DC 2023-12: $120Washington - DC 2024-01: $121Washington - DC 2024-02: $121Washington - DC 2024-03: $122Washington - DC 2024-04: $123Washington - DC 2024-05: $123Washington - DC 2024-06: $124Washington - DC 2024-07: $124Washington - DC 2024-08: $124Washington - DC 2024-09: $125Washington - DC 2024-10: $126Washington - DC 2024-11: $125Washington - DC 2024-12: $127Washington - DC 2025-01: $129Washington - DC 2025-02: $130Washington - DC 2025-03: $130Washington - DC 2025-04: $129Washington - DC 2025-05: $128Washington - DC 2025-06: $128Washington - DC 2025-07: $127Washington - DC 2025-08: $126Washington - DC 2025-09: $125Washington - DC 2025-10: $124Washington - DC 2025-11: $124Washington - DC 2025-12: $123Washington - DC 2026-01: $120Washington - DC 2026-02: $121Washington - DC 2026-03: $122Washington - DC 2026-04: $123Washington - DC 2026-05: $123Washington - DC 2026-06: $125Washington - DC 2026-07: $127$127Los Angeles - CA 2018-01: $134Los Angeles - CA 2018-02: $134Los Angeles - CA 2018-03: $134Los Angeles - CA 2018-04: $135Los Angeles - CA 2018-05: $134Los Angeles - CA 2018-06: $135Los Angeles - CA 2018-07: $135Los Angeles - CA 2018-08: $135Los Angeles - CA 2018-09: $135Los Angeles - CA 2018-10: $135Los Angeles - CA 2018-11: $136Los Angeles - CA 2018-12: $136Los Angeles - CA 2019-01: $136Los Angeles - CA 2019-02: $136Los Angeles - CA 2019-03: $136Los Angeles - CA 2019-04: $136Los Angeles - CA 2019-05: $136Los Angeles - CA 2019-06: $136Los Angeles - CA 2019-07: $136Los Angeles - CA 2019-08: $136Los Angeles - CA 2019-09: $136Los Angeles - CA 2019-10: $136Los Angeles - CA 2019-11: $136Los Angeles - CA 2019-12: $136Los Angeles - CA 2020-01: $136Los Angeles - CA 2020-02: $136Los Angeles - CA 2020-03: $130Los Angeles - CA 2020-04: $122Los Angeles - CA 2020-05: $115Los Angeles - CA 2020-06: $107Los Angeles - CA 2020-07: $98Los Angeles - CA 2020-08: $90Los Angeles - CA 2020-09: $85Los Angeles - CA 2020-10: $79Los Angeles - CA 2020-11: $72Los Angeles - CA 2020-12: $66Los Angeles - CA 2021-01: $60Los Angeles - CA 2021-02: $53Los Angeles - CA 2021-03: $54Los Angeles - CA 2021-04: $59Los Angeles - CA 2021-05: $63Los Angeles - CA 2021-06: $69Los Angeles - CA 2021-07: $76Los Angeles - CA 2021-08: $81Los Angeles - CA 2021-09: $85Los Angeles - CA 2021-10: $90Los Angeles - CA 2021-11: $95Los Angeles - CA 2021-12: $101Los Angeles - CA 2022-01: $105Los Angeles - CA 2022-02: $111Los Angeles - CA 2022-03: $117Los Angeles - CA 2022-04: $121Los Angeles - CA 2022-05: $125Los Angeles - CA 2022-06: $128Los Angeles - CA 2022-07: $130Los Angeles - CA 2022-08: $132Los Angeles - CA 2022-09: $135Los Angeles - CA 2022-10: $137Los Angeles - CA 2022-11: $138Los Angeles - CA 2022-12: $138Los Angeles - CA 2023-01: $140Los Angeles - CA 2023-02: $140Los Angeles - CA 2023-03: $142Los Angeles - CA 2023-04: $142Los Angeles - CA 2023-05: $142Los Angeles - CA 2023-06: $142Los Angeles - CA 2023-07: $142Los Angeles - CA 2023-08: $143Los Angeles - CA 2023-09: $143Los Angeles - CA 2023-10: $143Los Angeles - CA 2023-11: $143Los Angeles - CA 2023-12: $143Los Angeles - CA 2024-01: $142Los Angeles - CA 2024-02: $142Los Angeles - CA 2024-03: $141Los Angeles - CA 2024-04: $140Los Angeles - CA 2024-05: $140Los Angeles - CA 2024-06: $140Los Angeles - CA 2024-07: $140Los Angeles - CA 2024-08: $140Los Angeles - CA 2024-09: $140Los Angeles - CA 2024-10: $140Los Angeles - CA 2024-11: $140Los Angeles - CA 2024-12: $140Los Angeles - CA 2025-01: $141Los Angeles - CA 2025-02: $142Los Angeles - CA 2025-03: $142Los Angeles - CA 2025-04: $143Los Angeles - CA 2025-05: $143Los Angeles - CA 2025-06: $143Los Angeles - CA 2025-07: $142Los Angeles - CA 2025-08: $141Los Angeles - CA 2025-09: $140Los Angeles - CA 2025-10: $140Los Angeles - CA 2025-11: $140Los Angeles - CA 2025-12: $140Los Angeles - CA 2026-01: $140Los Angeles - CA 2026-02: $141Los Angeles - CA 2026-03: $142Los Angeles - CA 2026-04: $142Los Angeles - CA 2026-05: $142Los Angeles - CA 2026-06: $144Los Angeles - CA 2026-07: $145$145Las Vegas - NV 2018-01: $106Las Vegas - NV 2018-02: $107Las Vegas - NV 2018-03: $106Las Vegas - NV 2018-04: $106Las Vegas - NV 2018-05: $107Las Vegas - NV 2018-06: $107Las Vegas - NV 2018-07: $106Las Vegas - NV 2018-08: $107Las Vegas - NV 2018-09: $106Las Vegas - NV 2018-10: $107Las Vegas - NV 2018-11: $108Las Vegas - NV 2018-12: $109Las Vegas - NV 2019-01: $110Las Vegas - NV 2019-02: $111Las Vegas - NV 2019-03: $110Las Vegas - NV 2019-04: $111Las Vegas - NV 2019-05: $112Las Vegas - NV 2019-06: $112Las Vegas - NV 2019-07: $113Las Vegas - NV 2019-08: $113Las Vegas - NV 2019-09: $113Las Vegas - NV 2019-10: $113Las Vegas - NV 2019-11: $113Las Vegas - NV 2019-12: $114Las Vegas - NV 2020-01: $115Las Vegas - NV 2020-02: $115Las Vegas - NV 2020-03: $111Las Vegas - NV 2020-04: $107Las Vegas - NV 2020-05: $102Las Vegas - NV 2020-06: $98Las Vegas - NV 2020-07: $92Las Vegas - NV 2020-08: $87Las Vegas - NV 2020-09: $81Las Vegas - NV 2020-10: $75Las Vegas - NV 2020-11: $68Las Vegas - NV 2020-12: $62Las Vegas - NV 2021-01: $51Las Vegas - NV 2021-02: $45Las Vegas - NV 2021-03: $45Las Vegas - NV 2021-04: $49Las Vegas - NV 2021-05: $53Las Vegas - NV 2021-06: $57Las Vegas - NV 2021-07: $63Las Vegas - NV 2021-08: $67Las Vegas - NV 2021-09: $72Las Vegas - NV 2021-10: $79Las Vegas - NV 2021-11: $86Las Vegas - NV 2021-12: $91Las Vegas - NV 2022-01: $96Las Vegas - NV 2022-02: $100Las Vegas - NV 2022-03: $106Las Vegas - NV 2022-04: $112Las Vegas - NV 2022-05: $116Las Vegas - NV 2022-06: $119Las Vegas - NV 2022-07: $120Las Vegas - NV 2022-08: $122Las Vegas - NV 2022-09: $125Las Vegas - NV 2022-10: $128Las Vegas - NV 2022-11: $130Las Vegas - NV 2022-12: $133Las Vegas - NV 2023-01: $138Las Vegas - NV 2023-02: $142Las Vegas - NV 2023-03: $147Las Vegas - NV 2023-04: $146Las Vegas - NV 2023-05: $148Las Vegas - NV 2023-06: $150Las Vegas - NV 2023-07: $150Las Vegas - NV 2023-08: $152Las Vegas - NV 2023-09: $153Las Vegas - NV 2023-10: $156Las Vegas - NV 2023-11: $160Las Vegas - NV 2023-12: $161Las Vegas - NV 2024-01: $162Las Vegas - NV 2024-02: $168Las Vegas - NV 2024-03: $165Las Vegas - NV 2024-04: $167Las Vegas - NV 2024-05: $169Las Vegas - NV 2024-06: $169Las Vegas - NV 2024-07: $169Las Vegas - NV 2024-08: $170Las Vegas - NV 2024-09: $170Las Vegas - NV 2024-10: $169Las Vegas - NV 2024-11: $166Las Vegas - NV 2024-12: $167Las Vegas - NV 2025-01: $167Las Vegas - NV 2025-02: $161Las Vegas - NV 2025-03: $161Las Vegas - NV 2025-04: $161Las Vegas - NV 2025-05: $159Las Vegas - NV 2025-06: $157Las Vegas - NV 2025-07: $156Las Vegas - NV 2025-08: $155Las Vegas - NV 2025-09: $153Las Vegas - NV 2025-10: $151Las Vegas - NV 2025-11: $150Las Vegas - NV 2025-12: $148Las Vegas - NV 2026-01: $148Las Vegas - NV 2026-02: $148Las Vegas - NV 2026-03: $151Las Vegas - NV 2026-04: $151Las Vegas - NV 2026-05: $153Las Vegas - NV 2026-06: $154Las Vegas - NV 2026-07: $154$154Orlando - FL 2018-01: $121Orlando - FL 2018-02: $122Orlando - FL 2018-03: $123Orlando - FL 2018-04: $123Orlando - FL 2018-05: $123Orlando - FL 2018-06: $125Orlando - FL 2018-07: $126Orlando - FL 2018-08: $126Orlando - FL 2018-09: $125Orlando - FL 2018-10: $126Orlando - FL 2018-11: $126Orlando - FL 2018-12: $125Orlando - FL 2019-01: $125Orlando - FL 2019-02: $125Orlando - FL 2019-03: $125Orlando - FL 2019-04: $126Orlando - FL 2019-05: $126Orlando - FL 2019-06: $125Orlando - FL 2019-07: $125Orlando - FL 2019-08: $125Orlando - FL 2019-09: $125Orlando - FL 2019-10: $125Orlando - FL 2019-11: $126Orlando - FL 2019-12: $127Orlando - FL 2020-01: $127Orlando - FL 2020-02: $126Orlando - FL 2020-03: $118Orlando - FL 2020-04: $110Orlando - FL 2020-05: $105Orlando - FL 2020-06: $98Orlando - FL 2020-07: $90Orlando - FL 2020-08: $84Orlando - FL 2020-09: $80Orlando - FL 2020-10: $71Orlando - FL 2020-11: $62Orlando - FL 2020-12: $53Orlando - FL 2021-01: $44Orlando - FL 2021-02: $35Orlando - FL 2021-03: $36Orlando - FL 2021-04: $42Orlando - FL 2021-05: $47Orlando - FL 2021-06: $53Orlando - FL 2021-07: $60Orlando - FL 2021-08: $64Orlando - FL 2021-09: $66Orlando - FL 2021-10: $71Orlando - FL 2021-11: $77Orlando - FL 2021-12: $84Orlando - FL 2022-01: $89Orlando - FL 2022-02: $95Orlando - FL 2022-03: $104Orlando - FL 2022-04: $111Orlando - FL 2022-05: $115Orlando - FL 2022-06: $119Orlando - FL 2022-07: $120Orlando - FL 2022-08: $123Orlando - FL 2022-09: $127Orlando - FL 2022-10: $132Orlando - FL 2022-11: $135Orlando - FL 2022-12: $137Orlando - FL 2023-01: $140Orlando - FL 2023-02: $143Orlando - FL 2023-03: $145Orlando - FL 2023-04: $145Orlando - FL 2023-05: $145Orlando - FL 2023-06: $145Orlando - FL 2023-07: $144Orlando - FL 2023-08: $143Orlando - FL 2023-09: $143Orlando - FL 2023-10: $142Orlando - FL 2023-11: $141Orlando - FL 2023-12: $141Orlando - FL 2024-01: $141Orlando - FL 2024-02: $140Orlando - FL 2024-03: $140Orlando - FL 2024-04: $138Orlando - FL 2024-05: $139Orlando - FL 2024-06: $139Orlando - FL 2024-07: $138Orlando - FL 2024-08: $138Orlando - FL 2024-09: $138Orlando - FL 2024-10: $138Orlando - FL 2024-11: $139Orlando - FL 2024-12: $140Orlando - FL 2025-01: $141Orlando - FL 2025-02: $141Orlando - FL 2025-03: $141Orlando - FL 2025-04: $142Orlando - FL 2025-05: $143Orlando - FL 2025-06: $143Orlando - FL 2025-07: $144Orlando - FL 2025-08: $144Orlando - FL 2025-09: $144Orlando - FL 2025-10: $144Orlando - FL 2025-11: $145Orlando - FL 2025-12: $145Orlando - FL 2026-01: $145Orlando - FL 2026-02: $146Orlando - FL 2026-03: $148Orlando - FL 2026-04: $149Orlando - FL 2026-05: $150Orlando - FL 2026-06: $149Orlando - FL 2026-07: $150$150Jan 18May 20Jul 21Sep 22Nov 23Jan 25Jul 26

    Every series in US dollars, twelve-month rolling RevPAR, 2018-01 to 2026-07.

    The three peers whose average rate sits closest to this market's are switched on to begin with. Switch any series on or off; the scale is fixed across every one, so hiding a line never rescales the others.

    The scoreboard

    Chicago peersOccupancyADR, USDRevPAR, USD
    Las Vegas - NV74.5%206154
    Orlando - FL72.1%207150
    Los Angeles - CA71.4%204145
    Washington - DC67.3%189127
    Chicago - IL68.1%178121
    Chicago - IL USA - Chicago O'Hare Airport71.2%13999
    Chicago - IL USA - Chicago North65.1%14292
    Dallas - TX64.7%13285
    Chicago - IL USA - Lake County62.8%12880
    Atlanta - GA62.5%12880
    Chicago - IL USA - Chicago Northwest63.3%11171

    Figures at market grain, as the panel holds this market; trailing twelve months. Click a column head to sort.

    The figures above are the Chicago market as the licensed panel measures it, in full through July 2026. The subject sits in one submarket of it, Chicago North, which is carried beside the market among the peers together with the O'Hare corridor, the northwest suburbs and Lake County, so the suburban ring the subject trades in can be read against the metro rather than inside it.

    By class, where the panel reports it

    The classes as the panel reports them for Chicago, Illinois, trailing twelve months.

    ClassOccupancyADR, USDRevPAR, USD
    Luxury70.1%361253
    Upper Upscale67.5%217147
    Upscale70.9%168119
    Upper Midscale67.5%14497
    Midscale67.4%8960
    Economy65.1%7247

    The panel reports performance for the classes above only; the inventory table below carries every hotel by class.

    The hotel inventory

    The inventory is the Chicago North submarket, as the record scopes it; the wider market is read in the scoreboard above.

    43 existing hotels, 5,425 rooms, as the panel places them, open or with no status stated. Standing but not open, apart from the count: Ramada Plaza by Wyndham Chicago North Shore (140 rooms, permanently closed); Super 8 by Wyndham Chicago IL (45 rooms, temporarily closed).

    HotelTownRoomsClassBrand
    The Westin Chicago North ShoreWheeling412Upper UpscaleWestin
    Renaissance Chicago North Shore HotelNorthbrook391Upper UpscaleRenaissance
    DoubleTree by Hilton Hotel Chicago - North Shore Conference CenterSkokie369UpscaleDoubleTree by Hilton
    Hilton Orrington/EvanstonEvanston269Upper UpscaleHilton
    Renaissance Chicago Glenview Suites HotelGlenview254Upper UpscaleRenaissance
    Holiday Inn & Suites Chicago North Shore (Skokie)Skokie250Upper MidscaleHoliday Inn
    Hilton Chicago/NorthbrookNorthbrook249Upper UpscaleHilton
    Hampton by Hilton Inn Chicago-North Shore/SkokieSkokie225Upper MidscaleHampton by Hilton
    Hilton Garden Inn Chicago North Shore/EvanstonEvanston178UpscaleHilton Garden Inn
    Sheraton Chicago Northbrook HotelNorthbrook160Upper UpscaleSheraton Hotel
    Holiday Inn Chicago North EvanstonEvanston159Upper MidscaleHoliday Inn
    Courtyard Chicago Glenview NorthbrookGlenview149UpscaleCourtyard
    Hampton Inn Chicago North-Loyola StationChicago145Upper MidscaleHampton by Hilton
    MainStay Suites Northbrook WheelingWheeling141MidscaleMainStay Suites
    Extended Stay America Chicago - SkokieSkokie140MidscaleExtended Stay America Suites
    Residence Inn Chicago Wilmette/SkokieWilmette130UpscaleResidence Inn
    Motel 6 Prospect Heights, ILProspect Heights120EconomyMotel 6
    Staybridge Suites Chicago - GlenviewGlenview120UpscaleStaybridge Suites
    Graduate EvanstonEvanston119Upper UpscaleGraduate Hotel
    Super 8 by Wyndham Deerfield/NorthbrookDeerfield115EconomySuper 8
    Hyatt House Chicago/EvanstonEvanston114UpscaleHyatt House
    Motel 6 Glenview, IL - Chicago NorthGlenview110EconomyMotel 6
    Holiday Inn Express & Suites Prospect HeightsProspect Heights108Upper MidscaleHoliday Inn Express
    Best Western Glenview Inn-Chicagoland Inn and SuitesGlenview107MidscaleBest Western
    Holiday Inn Express and Suites Chicago NilesNiles100Upper MidscaleHoliday Inn Express
    Baymont by Wyndham GlenviewGlenview95MidscaleBaymont
    The GEM Museum SuitesEvanston70Luxuryindependent
    Sherwood InnProspect Heights68Economyindependent
    Edgebrook MotelChicago59Economyindependent
    Red Roof Inn Morton GroveMorton Grove53EconomyRed Roof Inn
    Heart O Chicago MotelChicago45Economyindependent
    River Park MotelChicago45Economyindependent
    Summit MotelChicago45Economyindependent
    Super 8 by Wyndham Morton Grove/ChicagoMorton Grove40EconomySuper 8
    Sybaris Pool Suites NorthbrookNorthbrook38Luxuryindependent
    Rodeway Inn ChicagoChicago35EconomyRodeway Inn
    Guest House MotelChicago32Economyindependent
    Olde Court InnWheeling32Economyindependent
    Patio MotelChicago31Economyindependent
    Apache MotelChicago27Economyindependent
    Esquire MotelChicago26Economyindependent
    Rodeway Inn Chicago EvanstonChicago25EconomyRodeway Inn
    The Guesthouse HotelChicago25Luxuryindependent

    The subject is not in the table above: the panel carries it as Crowne Plaza Chicago-Northbrook in Northbrook, Chicago North, converted and permanently closed, so it stands outside the existing stock this inventory counts.

    New supply

    The region's stock, cut five ways, with this market's own row in amber. Upscale, Upper Midscale are the tiers the dissection reads; the performance figures are measured through 2026-07-31, and the hotel census read 2025-08-30.

    Hotels and rooms by market and tier

    The region is the submarkets the panel measures: 4 submarkets. Click a column head to sort.

    MarketUpscale hotelsUpscale roomsUpper Midscale hotelsUpper Midscale roomsClosed permanently, hotelsClosed permanently, rooms
    Chicago - IL USA - Chicago O'Hare Airport214,528192,49500
    Chicago - IL USA - Chicago Northwest131,795353,8653424
    Chicago - IL USA - Lake County142,018222,17900
    Chicago - IL USA - Chicago North61,060698700

    The panel measures every market of the region.

    Counts are of hotels open or with no status stated, and every column of this table reads the tiers the cut reads, Upscale and Upper Midscale; a closed hotel of one of those tiers is counted apart, in the closed columns, and a hotel of any other class enters no column here. The market preview above carries every class.

    Size bands by tier

    Where the region's rooms sit by the size of the hotel, and how many of each band stand in this market.

    Rooms in the hotelUpscale hotelsUpscale roomsUpscale, in this marketUpper Midscale hotelsUpper Midscale roomsUpper Midscale, in this market
    25 to 75000117150
    76 to 150293,7484606,5843
    151 to 300224,4121112,2273
    over 30031,2411000

    The subject falls in one of these bands, on the count the brief states, 318 rooms: over 300.

    Brand families and independents

    The families the panel names, in order of the rooms they hold.

    FamilyTierHotelsRooms
    Marriott InternationalUpscale253,866
    IHGUpper Midscale243,178
    HiltonUpscale132,695
    HiltonUpper Midscale182,213
    ChoiceUpper Midscale201,894
    IHGUpscale51,031
    HyattUpscale7983
    WyndhamUpper Midscale6744
    Marriott InternationalUpper Midscale6611
    Best WesternUpper Midscale3422
    Other brandedUpscale1300
    WyndhamUpscale1245
    Other brandedUpper Midscale2238
    IndependentUpper Midscale3226
    IndependentUpscale1154
    ChoiceUpscale1127

    The independents and the branded hotels the panel groups as other stand as their own rows above, so the two are read on one measure.

    The pipeline by market, status, tier and opening year

    Every announced project the panel carries, market by market, and the two tiers together add: 1,485 rooms.

    Announced pipeline rooms by market, the two tiers together0200400600Chicago - IL USA - Chicago NorthwestChicago - IL USA - Chicago Northwest: 700700Chicago - IL USA - Chicago O'Hare AirportChicago - IL USA - Chicago O'Hare Airport: 393393Chicago - IL USA - Chicago NorthChicago - IL USA - Chicago North: 292292Chicago - IL USA - Lake CountyChicago - IL USA - Lake County: 100100
    MarketStatusTierOpening yearHotelsRoomsSample names
    Chicago - IL USA - Chicago NorthUnder ConstructionUpscale20262152Residence Inn by Marriott Lincolnwood, SpringHill Suites by Marriott Lincolnwood
    Chicago - IL USA - Chicago NorthUnder ConstructionUpscale20291140Homewood Suites by Hilton Skokie Downtown Chicago
    Chicago - IL USA - Chicago NorthwestUnder ConstructionUpper Midscale20251100Holiday Inn Express & Suites Elgin - Chicago Northwest
    Chicago - IL USA - Chicago NorthwestFinal PlanningUpper Midscale20275393TownePlace Suites by Marriott Huntley, Fairfield by Marriott Inn & Suites Crystal Lake, Holiday Inn Express Dekalb Sycamore
    Chicago - IL USA - Chicago NorthwestProposedUpper Midscale2027197Hampton Inn by Hilton Elgin
    Chicago - IL USA - Chicago NorthwestProposedUpper Midscale20281110Hampton by Hilton Crystal Lake
    Chicago - IL USA - Chicago O'Hare AirportUnder ConstructionUpper Midscale20252179Wyndham Garden Franklin Park, Holiday Inn Express & Suites Chicago West - Oak Park
    Chicago - IL USA - Chicago O'Hare AirportProposedUpper Midscale20271107Home2 Suites by Elk Grove Village
    Chicago - IL USA - Chicago O'Hare AirportProposedUpper Midscale20331107Home2 by Hilton Des Plaines Chicago O'Hare
    Chicago - IL USA - Lake CountyFinal PlanningUpscale20271100Residence Inn by Marriott Waukegan
    392Upscale, announced pipeline rooms
    9,401Upscale, existing rooms
    4.2%Upscale, pipeline as a share of existing
    1,093Upper Midscale, announced pipeline rooms
    9,526Upper Midscale, existing rooms
    11.5%Upper Midscale, pipeline as a share of existing

    The trailing twelve months beside the stock

    The two tiers' twelve months set beside the stock they run on, in order of the rooms they hold. A market the panel does not measure at this grain carries no figure here.

    MarketTierExisting roomsPipeline roomsOccupancyADR, USDRevPAR, USDRevPAR change
    Chicago - IL USA - Chicago O'Hare AirportUpscale4,528071.8%13194+8.0%
    Chicago - IL USA - Chicago NorthwestUpper Midscale3,86570061.3%12074+9.0%
    Chicago - IL USA - Chicago O'Hare AirportUpper Midscale2,49539372.0%12690+6.0%
    Chicago - IL USA - Lake CountyUpper Midscale2,179061.9%12175+7.0%
    Chicago - IL USA - Lake CountyUpscale2,01810063.9%14190+5.0%
    Chicago - IL USA - Chicago NorthwestUpscale1,795065.2%12280+12.0%
    Chicago - IL USA - Chicago NorthUpscale1,06029268.3%163111+19.0%
    Chicago - IL USA - Chicago NorthUpper Midscale987069.5%150104+6.0%

    Upscale adds 392 announced rooms, 4.2% of its existing stock, while its RevPAR moved a median +10.0% over the twelve months, across the markets the panel measures.

    Upper Midscale adds 1,093 announced rooms, 11.5% of its existing stock, while its RevPAR moved a median +6.5% over the twelve months, across the markets the panel measures.

    The premise

    Three hotel projects stand in the trade area and none of them is a conventional new build. The subject's own conversion is 260 rooms across two Marriott brands in a building that held 318, so it returns fewer rooms than it took out and the net effect on the submarket depends entirely on whether a reader's census already treats the closed hotel as gone. The Holiday Inn at 200 East Rand Road in Mount Prospect is a reactivation rather than an addition: 139 existing rooms, approved by the village in May 2026 to reopen, with no building permit or operating certificate on the public record and an owner's hope of 2026 that nobody has verified. The Arlington Downs hotel in Arlington Heights is 116 rooms inside an approved mixed-use scheme whose status paragraph is still dated 2024, with no hotel-specific permit, construction start, flag or opening date established. So the honest reading for an appraisal is that the submarket faces no proven new-build supply in the window, and that its two other moving parts are a reopening and a long-approved scheme, each of which would have to be verified at engagement rather than assumed.

    The paragraph above is the repositioning module's premise in our words, written from the supporting research; its figures are those of the tables above, measured through 2026-07-31.

    The firm

    Horwath HTL USA is the practice that contracts for this engagement, and through it the network's offices, standards and data stand behind every engagement it signs; the partner office named on the cover delivers with it.

    Horwath HTL is a consultancy in hospitality, tourism and leisure, advising owners, operators, developers, lenders and investors from offices across its network, and a member of Crowe Global. Our focus is one hundred percent on hospitality, tourism and leisure consulting.

    One sector

    Hospitality, tourism and leisure is the whole of our practice; every analyst, model and benchmark is built for hotels, resorts and the destinations built around them.

    100years of history

    On the ground

    A connected network advising owners, operators, developers, lenders and investors, with local market knowledge and one standard of work.

    55+offices
    40countries
    50,000+assignments completed

    Institutional backing

    A member of Crowe Global, a top 10 accounting and advisory network of more than 200 independent firms in over 140 countries.

    Transactions

    Valuation and transaction advisory across the network, the counters as the practice page states them.

    25 billion+in asset transactions supported
    5,000+transactions supported

    Evidence, not assumption

    Our own market performance data, drawn live for this proposal, sits under every figure in the preview.

    Independent by design

    We advise. We do not broker, develop or operate.

    Full service, one standard

    Strategy and Planningfeasibility, concept, positioning, highest and best use
    Valuation and Transaction Advisoryvaluation, due diligence, deal advisory
    Growthbrand, commercial and demand strategy
    Operational Supportoperator selection, performance, asset management
    SustainabilityESG and sustainable development advisory

    The team and credentials

    Bryan Younge
    Bryan Younge
    Managing Partner, Horwath HTL USA
    lead appraiser
    MAIASAFRICS

    Bryan Younge serves as Managing Partner for the US market and as a member of Horwath HTL’s global valuation leadership team.

    Bryan holds an MBA from Northwestern University’s Kellogg School of Management, and a BS from Cornell University. As an undergraduate, he earned placement on the National Dean’s List and was a member of the National Honors Society. He also completed the Corporate Finance Summer Program at the University of California, Berkeley. Bryan continues to pursue advanced professional education through programs sponsored by the Appraisal Institute and other accredited organizations.

    He advises global hotel brands, ownership groups, operating companies, developers, lenders, and institutional investors. His 25 year background in hotel valuation, hospitality real estate analysis, and complex advisory work brings a rare and valuable perspective to high-stakes assignments.

    Bryan is also a member of the Forbes Business Council, an invitation-only community for senior-level finance executives, recognized thought leaders, and respected industry experts.

    Before joining Horwath HTL, Bryan served as Executive Vice President and Specialty Practice Leader for Newmark’s Hospitality, Gaming and Leisure group, where he led a 30+ member team across the United States and India. Prior to Newmark, he was the Managing Director and National Practice Leader for the Hospitality and Leisure group at Colliers International Valuation and Advisory. He also spent 13 years at Cushman and Wakefield, where he served as National Practice Leader for the Sports and Entertainment Group and as a senior member of the Hospitality and Gaming Group.

    One phrase here is corrected since the consultant page was read.

    Licensed as a Certified General real estate appraiser in all fifty U.S. states, by permanent licensure, temporary licensure or both, and eligible today for temporary licensure in all fifty; home state Illinois.

    Biographies as the Horwath HTL consultant pages state them, read 2026-09-09, except where a correction is declared, as marked on the biography.

    Chicago activity

    We advise as an independent consultancy and do not act as a broker in any transaction.

    Horwath HTL USA

    The signing appraiser has valued several thousand hotels across the United States, more than 100 of them in the Chicago area.

    Independence

    Horwath HTL USA confirms, for itself and for the engagement team named in this proposal, that no member of that team holds any present or contemplated interest in the subject property or in the transaction it secures, and that no member is engaged by, or in discussions with, any other party in connection with that transaction. As your bid requirement asks, we disclose that the signing appraiser, Bryan Younge, appraised this property within the past three years while at another firm. That earlier work product is not available to this assignment, nothing from it is relied on here, and this appraisal stands on the evidence gathered for it. That earlier assignment is closed and the opinion given here is independent of it. This confirmation is given as of the date of this proposal and will be updated if circumstances change.

    Given as of 15 September 2026. Confirmed for Horwath HTL USA by Bryan Younge on 2026-09-14.

    Terms and conditions

    Contracting practice
    Horwath HTL USA
    Governing law
    Illinois
    Standard
    prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP), current edition, which binds the signing appraiser
    Liability
    the fees paid for this report
    Reliance
    the client alone, as the request states; another party is added as a reliance party only by our prior written consent, naming the party and its purpose, under a reliance letter and any fee then agreed
    Expenses
    at cost
    Language
    English
    Quote valid for
    60 days from the date of this proposal
    Commencement
    your written engagement and a date for the interior inspection with the property contact; the balance of the document request lands as it comes
    Termination
    either party on thirty days' written notice; fees earned to the date of termination, pro rata to the workstreams delivered, and expenses at cost
    Currency and taxes
    fees in United States dollars; any withholding or sales tax, and any bank charge, is borne by the client so that we receive the fee stated
    Information
    information received is held for the engagement, disclosed only to the engagement team, and retained as the standards require
    Professional indemnity
    no professional indemnity cover is represented in this letter; our liability is limited as the Limitation of liability clause states
    Beyond the modules
    USD 650 an hour for written work and USD 950 an hour for testimony, for services beyond the appraisal this proposal covers, agreed in writing before the work

    Horwath HTL USA is the practice of Seaplane Hospitality Ventures, LLC, the licensee of the Horwath HTL brand for the United States, doing business as Horwath HTL.

    Sign, or download

    The signing link appears here once an option is chosen; the engagement letter for that option is then prepared for signature.

    Choose an option, then sign. Until then, this page is where the scope is refined together.

    Horwath HTL

    Colophon

    The information in this proposal is drawn from the sources set out below, each with the date on which it was obtained, and the document itself carries the date shown here.

    Prepared by Horwath HTL USA

    01
    Market figures
    CoStar, through the market record, at market grain, measured through 2026-07-31
    02
    Firm figures
    horwathhtl.com, read 2026-09-09
    03
    Terms
    the engagement terms for this assignment, as set out in the engagement letter
    04
    Document date
    2026-09-15
    05
    State
    draft, for the partner

    Confidential, and prepared for Midland States Bank and its advisers only.