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CHICAGO-Hotel occupancies and room rates here have risen in the first nine months to their highest levels since the recession.

According to figures released by Smith Travel Research, the city’s hotel occupancy rate rose to 75.5% in the first nine months of this year, up from 75% a year ago. The hotel industry widely considers a rate of 75% at full occupancy due to the city’s harsh winters, according to Crain’s Chicago Business.

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