Who Owns The Drake Hotel In Chicago

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Who Owns the Drake Hotel? A Million-Dollar Question (Or Not)

So, you’re wondering who owns the Drake Hotel, huh? Well, buckle up, because we’re about to embark on a thrilling journey through the world of luxury hotels, corporate takeovers, and the occasional ghost story.

A Brief History Lesson (Or Skip This Part if You're Impatient)

Let’s rewind a bit. The Drake Hotel, a majestic beast of a building on Chicago’s Magnificent Mile, didn’t just appear out of thin air. No, it was the brainchild of some seriously wealthy folks who wanted a place to show off their fancy hats and even fancier jewelry. We’re talking about the Palmer, Armour, Swift, and McCormick families – you know, just your average, everyday millionaires.

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Fast forward a few decades, and the hotel changes hands like a hot potato. First, it’s Hilton International, then it’s just plain old Hilton. So, for a while there, it was like staying at your rich uncle’s place, but with room service.

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The Drake: A Hotel, a Mystery, and Maybe a Ghost or Two

Now, here’s where things get interesting. While we know Hilton is the current owner, there’s always been a touch of mystery surrounding the Drake. Some say it’s haunted. Others claim it’s where they filmed that one scene from "Home Alone." Conspiracy theories abound, but let’s stick to the facts (or at least, the most believable ones).

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Who Really Pulls the Strings?

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While Hilton might be the public face of the Drake, it's worth noting that there's been talk of the hotel being put up for sale. We're talking big bucks here – like, more zeros than you can count on one hand kind of money. So, who’s buying? Your guess is as good as mine. Maybe it'll be a tech billionaire looking for a place to host their next extravagant party, or perhaps a secret society of time travelers. We can only speculate.

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How to Become the Owner of the Drake Hotel (Probably Not)

Okay, so you've decided you want to own the Drake. Good for you! Here's a quick guide to get you started (or not):

  • How to become a billionaire: This is the most crucial step. Start a tech company, win the lottery, or discover a new planet full of precious resources. Your choice.
  • How to negotiate a deal: You'll need some serious negotiation skills to outsmart those corporate sharks. Practice bargaining with your kids for dessert.
  • How to manage a hotel: Running a hotel isn't all champagne and caviar. You'll need to deal with everything from leaky faucets to demanding guests.
  • How to hire a ghostbuster: Just in case.

So, there you have it. The Drake Hotel is a fascinating piece of Chicago history, and while we know who the current owner is, the future of this iconic landmark remains a mystery. Until then, we can all dream of sipping cocktails in the Palm Court and pretending we own the place.

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luc.eduhttps://www.luc.edu
transitchicago.comhttps://www.transitchicago.com
suntimes.comhttps://www.suntimes.com
artic.eduhttps://www.artic.edu
choosechicago.comhttps://www.choosechicago.com

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