In August, when officials announced the temporary closing of the pier, whose Ferris wheel and lakefront promenade have made it one of the Chicago’s top tourist attractions, they aimed to limit losses due to a lack of attendance. The pier, a not-for-profit entity, already was anticipating revenues falling $20 million short of projections.
Column: Opening of Navy Pier hotel is postponed, the latest blow to city’s reeling hotel market
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