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Chicago Hotel Question

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Making plans to attend a conference in March 2013 at McCormick Place West. Hyatt Regency at McCormick Place isn't an option. Where do you recommend we stay? We won't have a car and will have to depend on a taxi or public transportation. We would like to be in a central location for shopping, restaurants, and sightseeing. Our budget is around $200 per night. I have stayed at the Intercontinental but it was several years ago. Is it still a nice hotel?

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