New Hotels in Chicago , IL
At Stay In The New, we track every new hotel opening and major renovation across Chicago — from the St. Regis in the world's tallest building designed by a female architect and the Hyatt Regency's $200 million transformation to Bally's casino resort rising along the Chicago River and the boutique wave reshaping River North, the Loop, and the Magnificent Mile.
THE NEWEST HOTELS. THE BEST STAYS.
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Recently Opened & Renovated Hotels in Chicago
New openings, landmark arrivals, and major transformations across the Loop, Magnificent Mile, River North, and beyond.
Opened May 2023 · Chicago's First St. Regis
Streeterville · 401 E. Wacker Drive · Chicago's Most Iconic New Hotel
The St. Regis Chicago
Chicago's first St. Regis — and one of the most architecturally significant hotel openings in the city's history. The St. Regis occupies the lower floors of the Wanda Vista Tower at 401 E. Wacker Drive, the world's tallest building designed by a female architect (Jeanne Gang of Studio Gang). The sinuous, stacked-disc skyscraper rises 101 stories above the Chicago River — the hotel's 192 rooms and suites occupy floors 12 through 26, each with floor-to-ceiling windows and butler service throughout. Two landmark restaurants: Miru — a Japanese-inspired brasserie by Lettuce Entertain You — and Tre Dita, an Italian steakhouse by James Beard Award-winning chef Evan Funke. The St. Regis Bar serves the brand's signature Bloody Mary. The 17,000 sq ft Iridium Spa + Fitness features an indoor pool, hot tub, hammam, and private treatment suites. The most sophisticated new luxury hotel in Chicago in decades.
Opened Jul 2024
Hotel Riu Plaza Chicago
Riu's first Chicago property opened July 2024 steps from the Magnificent Mile — 390 upscale rooms, a lobby bar, and the signature Riu rooftop bar with sweeping city views. One of the most significant new hotel additions to the Mag Mile corridor in recent years and one of the best-valued new 4-star options downtown, rated 4.4 stars across nearly 1,000 reviews within its first year.
Opened Dec 2025 · New Hilton Brand
ACME Hotel Chicago, Outset Collection by Hilton
One of the most significant hotel brand launches of 2025 — ACME Hotel Chicago became one of the debut properties for Hilton's brand-new Outset Collection, the company's 25th brand, when it opened in River North in December 2025. Story-driven design rooted in Chicago's River North identity, upscale finishes, and flexible amenities. Hilton Honors eligible. The most talked-about new boutique hotel concept in Chicago heading into 2026.
Opened 2023
The LaSalle Chicago, Autograph Collection
An adaptive reuse triumph in the heart of Chicago's Financial District — The LaSalle Chicago transformed a landmark downtown building into one of Chicago's most sophisticated new boutique luxury hotels. Marriott's Autograph Collection flag ensures independent character with Bonvoy points. Rated 4.6 stars across 400+ reviews. PERILLA steakhouse serving Korean-influenced modern cuisine. 2,700 sq ft ballroom and 101 Sky Terrace rooftop bar with Michigan Avenue views.
Opened May 2024
Residence Inn by Marriott Chicago Downtown Magnificent Mile
The strongest new extended-stay option on the Magnificent Mile — Residence Inn opened May 2024 with spacious suites featuring fully equipped kitchens, free daily hot breakfast, a fitness center, business center, and six meeting rooms. Ideal for longer stays in Chicago's most central location, steps from Michigan Avenue shopping, the Chicago River, and Navy Pier. Marriott Bonvoy points on every stay. Rated 4.6 stars.
Renovated Apr 2026 · $200M
Hyatt Regency Chicago
The largest hotel in Chicago just completed its most comprehensive transformation — a $200 million renovation finished April 2026 touching all 2,019 guest rooms, redesigned public spaces, and the legendary Grand Ballroom. The Hyatt Regency Chicago has long been the city's premier convention and business hotel; now every room reflects a thoroughly modernized experience. If you're visiting Chicago for a major event, conference, or convention, this is the most significant newly renovated large-scale hotel in the city.
Tip: We prioritize true new openings — but when a landmark property completes a comprehensive renovation with redesigned rooms and updated concepts, we include it as "newly renovated."
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Value Picks — New Hotels in Chicago Under $250
Newly opened mid-scale hotels in Chicago — fresh rooms and great locations without the luxury price tag.
Opened Dec 2024
The Loop · 226 W. Jackson Blvd · Across from Willis Tower
Canopy by Hilton Chicago Central Loop
Opened Oct 2024
Medical District · Near Rush University · UIC
Hampton Inn & Suites Chicago Medical District UIC
Affiliate Disclosure: Stay In The New may earn a commission when you book through our links, at no extra cost to you. All hotels listed are newly opened or recently renovated properties.
Chicago Hotels Opening Soon
New hotel developments and major openings coming to Chicago — from a landmark casino resort on the Chicago River to boutique arrivals in Old Town and the West Loop.
Opening Late 2026 · 500 Rooms · Chicago River
River West · Chicago River · $1.8 Billion Development
Bally's Chicago Casino + Hotel
The most significant hospitality development in Chicago history — Bally's $1.8 billion casino resort is rising along the Chicago River in River West and targeting a late 2026 opening. The 34-story hotel tower will deliver 500 rooms with a large pool spa, fitness center, and sun deck, plus a rooftop restaurant and bar overlooking the Chicago skyline. The casino itself will feature 3,300 slot machines, 173 table games, a 3,000-seat theater for live entertainment, half a dozen restaurants including a rooftop concept, cafes, and a food hall. Designed by global architecture firm HKS — the same firm behind The Palazzo Las Vegas and The Venetian Macao. Chicago Community Builders Collective is the general contractor. Construction is ongoing with the hotel tower actively rising. Note: the opening timeline has faced challenges — we'll update this page as the project progresses.
The Duke of Wells, Hyatt Unbound Collection
Construction began in 2024 on this 203-room boutique hotel in Chicago's Old Town neighborhood — one of the city's most charming historic districts. Eight-foot windows, private balconies, and terraces throughout. A rooftop lounge will deliver panoramic views of Lake Michigan and the Chicago skyline. The Hyatt Unbound Collection flag means independent character with World of Hyatt points. One of the most anticipated boutique hotel openings in Chicago's North Side.
Check back for updates as construction progressesThe Neighborhood Hotel — West Loop
Opening in 2026 in Chicago's Fulton Market district — the hottest restaurant and nightlife corridor in the city — The Neighborhood Hotel is converting a former 1928 bank building into apartment-style hotel suites. Historic details like original bank vaults and marble lobby pillars will remain intact alongside modern amenities. One-, two-, and three-bedroom suites make it ideal for groups and extended stays. Steps from some of Chicago's most acclaimed dining.
Check back for updates as opening approachesRuby Hotel Chicago
IHG Hotels & Resorts will debut the European Ruby Hotels brand in the United States with a 412-room property in downtown Chicago — converting the historic Inn of Chicago building. Ruby is a tech-forward, design-led lifestyle brand popular across Europe, known for smart compact rooms, rooftop bars, and high-design public spaces. Renovation of the historic building is expected to begin late 2026 with an opening targeted for 2027. The first Ruby Hotel in America — a brand worth watching.
Check back for updates as the 2027 opening approaches*Opening timelines are subject to change. We update this page as new properties open and pipeline projects are confirmed.
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New Hotels in Chicago, IL
Chicago's hotel market is in one of the most active development cycles in its history. If you're searching for new hotels in Chicago, recently opened hotels downtown, or what's opening soon in Chicago, this page tracks every significant new opening, major renovation, and pipeline development across the Loop, Magnificent Mile, River North, Old Town, and beyond.
The most architecturally significant new hotel in Chicago is the St. Regis Chicago — opened May 2023 in the Wanda Vista Tower at 401 E. Wacker Drive, the world's tallest building designed by a female architect (Jeanne Gang of Studio Gang). The hotel's 192 rooms and suites occupy floors 12 through 26 with floor-to-ceiling Chicago River and skyline views, butler service throughout, the Japanese-inspired Miru brasserie, Italian steakhouse Tre Dita by James Beard Award-winning Chef Evan Funke, and the 17,000 sq ft Iridium Spa. It's the most sophisticated new luxury hotel Chicago has seen in decades.
The biggest renovation story of 2026 is the Hyatt Regency Chicago — the largest hotel in the city completed a $200 million top-to-bottom transformation in April 2026 covering all 2,019 guest rooms and the legendary Grand Ballroom. Other recent arrivals include Hotel Riu Plaza Chicago(July 2024, 390 rooms near the Magnificent Mile with a rooftop bar), ACME Hotel Chicago, Outset Collection by Hilton(December 2025, one of the debut properties for Hilton's brand-new 25th brand in River North), The LaSalle Chicago, Autograph Collection(2023, adaptive reuse of a landmark Financial District building with PERILLA steakhouse and rooftop bar), and Residence Inn by Marriott Chicago Downtown Magnificent Mile(May 2024, extended-stay suites with full kitchens and free hot breakfast).
Looking ahead, the most transformative development in Chicago hospitality is Bally's Chicago Casino + Hotel — a $1.8 billion resort rising along the Chicago River in River West targeting a late 2026 opening with 500 hotel rooms, 3,300 gaming positions, a 3,000-seat theater, and a rooftop restaurant and bar. Also coming: The Duke of Wells, Hyatt Unbound Collection(203 rooms, Old Town, rooftop with Lake Michigan views), The Neighborhood Hotel West Loop(2026, Fulton Market, former 1928 bank building), and Ruby Hotel Chicago(2027, IHG's first U.S. Ruby property, 412 rooms, historic Inn of Chicago building). We update this page as new hotels open and pipeline projects are confirmed.
Questions About New Hotels in Chicago
The most recently opened property is ACME Hotel Chicago, Outset Collection by Hilton, which debuted in River North in December 2025 as one of the launch properties for Hilton's brand-new 25th hotel brand. For renovations, the Hyatt Regency Chicago completed a $200 million transformation of all 2,019 guest rooms and public spaces in April 2026 — making it the most comprehensively updated large hotel in the city. For true new builds, Hotel Riu Plaza Chicago opened in July 2024 near the Magnificent Mile with 390 rooms and a rooftop bar.
The St. Regis Chicago opened in May 2023 in the Wanda Vista Tower at 401 E. Wacker Drive — the world's tallest building designed by a female architect, Jeanne Gang of Studio Gang. The hotel occupies floors 12 through 26 of the 101-story tower with 192 rooms and suites, floor-to-ceiling Chicago River and skyline views, butler service throughout, Miru restaurant (Japanese-inspired brasserie by Lettuce Entertain You), Tre Dita Italian steakhouse by James Beard Award-winning Chef Evan Funke, and the 17,000 sq ft Iridium Spa. It is Chicago's first St. Regis property and the most architecturally significant luxury hotel opening in the city in decades.
Yes — the Hyatt Regency Chicago completed a massive $200 million renovation in April 2026. The transformation covered all 2,019 guest rooms — making it a full property-wide modernization of the largest hotel in Chicago. Public spaces and the legendary Grand Ballroom were also updated as part of the comprehensive overhaul. The Hyatt Regency remains the go-to convention and business hotel in the city, now with a thoroughly refreshed guest room experience throughout.
Bally's Chicago Casino + Hotel is targeting a late 2026 opening along the Chicago River in River West, though the timeline has faced construction challenges and delays. The $1.8 billion development includes a 34-story hotel tower with 500 rooms, a large pool spa, fitness center, and rooftop restaurant and bar. The casino will feature 3,300 slot machines, 173 table games, a 3,000-seat theater, six restaurants, a food hall, and a rooftop bar. Designed by HKS — the same firm behind The Palazzo Las Vegas and The Venetian Macao. We update this page as the project progresses.
Two strong newly opened options for value-conscious travelers: Canopy by Hilton Chicago Central Loop opened December 2024 in the historic Chicago & North Western Railways building at 226 W. Jackson, directly across from Willis Tower — 215 rooms, Depot 226 restaurant, fitness center, and Hilton Honors points from around $200/night. Hampton Inn & Suites Chicago Medical District UIC opened October 2024 near Rush University with an indoor pool, free hot breakfast, EV charging, and a 4.7-star rating from around $185/night — the best-rated newly opened budget hotel in the Chicago market.
ACME Hotel Chicago, Outset Collection by Hilton opened in River North in December 2025 as one of the launch properties for Hilton's brand-new Outset Collection — the company's 25th brand. The Outset Collection is designed around story-driven, conversion hotels with upscale finishes, flexible amenities, and deeply local identities. ACME Hotel Chicago has been a beloved River North boutique for years; now relaunched under the Outset Collection flag with Hilton Honors eligibility, it's the most talked-about new boutique hotel concept in Chicago heading into 2026.
Explore More New Hotels by City
We're currently tracking new hotel openings across 28 major U.S. destinations — updated regularly.
Know a Newly Opened Hotel?
We're constantly updating our directory of newly opened hotels across the United States. If you know of a hotel that recently opened or is opening soon, we'd love to review it and potentially add it to the site.
We review new openings regularly and update city pages as developments are confirmed.