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Access a Leading Business Center With a Rising Tourism Sector.

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Presentation on theme: "Access a Leading Business Center With a Rising Tourism Sector."— Presentation transcript:

1 Access a Leading Business Center With a Rising Tourism Sector.
Market Overview Access a Leading Business Center With a Rising Tourism Sector. Source: 1. Chicago Chamber of Commerce. 2. Fortune 3. Choose Chicago Note: Annual Chicago Visitors data is not specific to air travel

2 Chicago is the #1 Domestic Business Travel Destination.
Top 5 Fortune 500: Headquartered in Chicago Metropolitan region Boeing Archer Daniels Midland Walgreen Co. United Continental Holdings, Inc. The Allstate Corporation Financial Services Healthcare Higher Education InfoTech Biotech Transportation Major Industries Chicago ranked #1 for the number of conventions held in 2014. Conventions/Events 2016 Est. Attendance International Manufacturing Technology Show 114,000 RSNA Radiological 55,000 Neocon 40,000 American Society of Clinical Oncology 32,700 American Academy of Ophthalmology 25,000 3 Source: 1. World Business Chicago 2. Fortune 3. Cvent American Express Business Travel Snapshot 5. Choose Chicago

3 75% of Chicago Visitors are Leisure Travelers.
Major Attractions 5 Professional Sports Teams Art Galleries 78 Michelin Recognized Restaurants 200+ Theaters Museums Zoos Top 5 International Arrivals: Based on the number of flights arriving into Chicago Canada England Mexico Germany Japan Art Institute of Chicago was voted the #3 best museum in the world. Events 2016 Est. Attendance Chicago Marathon 1.8M Taste of Chicago 1.4M Chicago Auto Show 1M Lollapalooza 300,000 NFL Draft 200,000 3 Source: 1. Choose Chicago 2. World Business Chicago 3. TripAdvisor Chicago Department of Aviation

4 Demographic Breakdown of Frequent Flyers.
Sex Frequent Flyer Business Frequent Flyer Male 53% 70% Female 47% 30% Age Frequent Flyer Business Frequent Flyer 18-24 8% 25-34 23% 18% 35-44 17% 20% 45-54 21% 29% 55-64 19% 65+ 12% 6% 3 out of 4 Frequent Flyers read advertisements at Airports. Race/ Origin Frequent Flyer Business Frequent Flyer White 71% 74% Black 7% 10% Hispanic 16% Asian 4% Other 2% Source: Scarborough 2015 Frequent Flyer = Adults in the Chicago DMA using O’Hare as their airport for departure 3+ times per year Business Frequent Flyer = Adults in the Chicago DMA using O’Hare as their airport for departure 3+ business trips per year

5 The O’Hare Frequent Flyer.
Education Index College Graduate 173 Post Graduate Degree 214 Activities in the past 12 mo. Index Skiing/Snowboarding 183 Yoga/Pilates 180 Hiking/Backpacking 177 Golf 173 Boating 162 46% of adults have flown in the Chicago DMA in the past year. Household Income Index $75,000+ 153 $100,000+ 177 $250,000+ 234 Spent $500+ in last 12 mo. Index Men’s Business Clothing 410 Men’s Shoes 296 Women’s Casual Clothing 277 Men’s Casual Clothing 250 Property Value Index $500,000-$999,999 207 $1,000,000-$1,999,999 289 $2,000,000+ 511 Source: Scarborough 2015 Frequent Flyer = adults in the Chicago DMA using O’Hare as their airport for departure 3+ times per year Index = average U.S. Adult 18+

6 The O’Hare Business Frequent Flyer.
Education Index College Graduate 173 Post Graduate Degree 259 Occupations Index Life, Physical & Social Science 501 Architecture & Engineering 316 Professionals 299 Community Services 244 Management 218 34% of adults have flown for business in the Chicago DMA. Household Income Index $75,000+ 168 $100,000+ 208 $250,000+ 284 Purchasing Decision Makers Index Business Travel 507 Information Technology 196 Office Equipment 172 Computer Hardware/Software 169 Property Value Index $500,000-$999,999 178 $1,000,000-$1,999,999 295 $2,000,000+ 235 Source: Scarborough 2015 Business Frequent Flyer = Adults in the Chicago DMA using O’Hare as their airport for departure 3+ times per year Index = average U.S. Adult 18+


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