For $99 per night, a 4-star downtown Chicago Hyatt just one block off Michigan Avenue has discounted rates over Thanksgiving and Christmas.

Save as much as 50% on area hotels over the following dates when the city showcases some of its most exciting events including parades, a tree-lighting ceremony and winter festivals:

• Nov. 4-6, 18-22
• Dec. 9-30
• Jan. 1-20

Take an evening stroll down Michigan Avenue to witness lines of trees dressed in holiday lights. The city's 45-foot Christmas Tree in Daley Plaza and the decorated holiday windows at Macy's on State Street are a 10-minute El ride from the Red Line station that's six blocks away from the hotel. 

Note: Rates are prepaid and nonrefundable.

Travelzoo Tip: Skip the regular lines to witness breathtaking views of the city from 1,353 feet in air with this Local Deal for a Fast Pass to Skydeck Chicago at the Willis Tower.