The largest hotel opening in 2017 is projected to be the 1,200-room Marriott Marquis at McCormick Place in Chicago.
The five-story, 200-room hotel is expected to open on Navy Pier in 2018. It will be built next the Festival Hall near the end of the Pier.
Starwood Hotels said the offer from the Anbang group is “reasonably likely” to be superior to the one made just last week by Marriott.
A ripple ran through the travel and lodging industry Tuesday after deadly attacks in Belgium that killed dozens of people.
The deal brings U.S. chains back to the island more than 50 years after American hotels were taken over by Fidel Castro’s socialist revolution.