In Chicago, the hosting community made $3.3 million during the Lollapalooza Music Festival. Each of the 19,000 guests that graced our fair city spent over $171 per day at restaurants and retail stores, with half that money remaining in the neighborhood where the home is located. Specifically, the South Side neighborhoods saw boom in occupants due to its close proximity to Grant Park. The average South Side host earned $465 over the four-day music extravaganza, with Bronzeville, Woodlawn and Pilsen benefitting most.
If you are feeling like making some money but want to avoid the stress of August 1st-4th, Hoasty can help. We can give your guests exceptional customer service while watching over and protecting your investment.
Lollapalooza is always a blast for the native Chicagoan (insert eyeroll here), but with the this spike in revenue for investors and the city we say “Come on down, flower crowned 20-something! Let’s do this!”