Hotels

City’s final tab for hosting Super Bowl: $1 million

May 14, 2012
Scott Olson
CIB and city tourism leaders say that the money was well spent considering the game could translate to $300 million in direct visitor spending over the next several years.
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National Art Museum of Sport may leave Indianapolis

April 30, 2012
Chris O'Malley
The National Art Museum of Sport is considering leaving Indianapolis, a possible move stemming from the planned conversion of its home at University Place Conference Center and Hotel into a student residence hall for IUPUI.
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IUPUI to close University Place hotel and event center

April 27, 2012
Chris O'Malley
In a stunning move, IUPUI has decided to close the University Place Conference Center and Hotel on West Michigan Street and will use the space for student housing, dining and classrooms.
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Ball State planning 100-room campus hotel

April 25, 2012
Associated Press
Ball State University plans to build a $25 million hotel in a building that will also have student-housing space, conference rooms and two restaurants.
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Indy not ready for another big hotel, experts sayRestricted Content

April 21, 2012
Mason King
Speculation is deemed premature despite rising occupancy rates.
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Overlapping downtown events give hotels a boost

April 16, 2012
Scott Olson
The annual Fire Department Instructors Conference attracts nearly 30,000 visitors to downtown. But with Race for the Cure on Saturday, demand for hotel rooms is even stronger, particularly toward the end of the week.
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CIB loss from Super Bowl in line with projections

April 9, 2012
Scott Olson
Preliminary financials show the board that manages the city's sports and convention facilities so far has lost nearly $350,000 due to the Super Bowl. That figure is expected to grow to $800,000.
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City hopes for big splash from NCAA swimming events

March 21, 2012
Anthony Schoettle
NCAA swimming championships being held at the IU Natatorium this week kick off six years of collegiate swimming championships that are expected to generate millions of dollars for the local economy.
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CityWay hires IMA curators to populate new hotel with artRestricted Content

March 17, 2012
Curators have selected 24 contemporary artists to create work for hotel, to be known as The Alexander.
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Downtown Comfort Suites seeks bankruptcy protection

February 24, 2012
 IBJ Staff
The hotel, owned by an affiliate of Dora Brothers Hospitality Corp., says its largest creditor is New York-based German American Capital Corp., which is owed $12 million.
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Super Bowl puts city on short list for auto dealers convention

February 14, 2012
Anthony Schoettle
After winning national praise as the host of Super Bowl XLVI, Indianapolis has a shot at four major conventions planned for next year and beyond.
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Super Bowl payoff substantial, but may fall short of hype

February 4, 2012
J.K. Wall
There’s no doubt the Super Bowl crowds showered Indianapolis with cash all week. The question is, how much of it will stick after the big game is over? And how much will it mean to Indianapolis’ economy?
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Landing another Super Bowl might not be such a long shot after all

February 4, 2012
Anthony Schoettle, Cory Schouten
Talk of bringing another Super Bowl to Indianapolis began soon after week-long festivities kicked off for the 2012 game, but city leaders will have to find a way to generate more revenue for the NFL and its 32 team owners for Indianapolis to muscle its way into a regular Super Bowl rotation.
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Super Bowl matchup ‘touchdown’ for city, experts say

January 23, 2012
Scott Olson
The game will be a sellout no matter which teams are playing. But a showdown between the New England Patriots and New York Giants is particularly intriguing from an economic impact standpoint.
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CIB expects to lose money during Super Bowl

January 16, 2012
Scott Olson
The Capital Improvement Board, which manages Lucas Oil Stadium, is budgeting for an $810,000 loss on expenses related to the game. The city, however, expects a $200 million economic impact.
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City boosts 2011 convention sales 13 percent

January 13, 2012
The Indianapolis Convention & Visitors Association booked nearly 735,000 hotel room nights in 2011 for conventions and meetings.
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Workers sue 10 hotels, allege wage violations

January 9, 2012
 IBJ Staff
The lawsuit alleges that the hotels and subcontractor Hospitality Staffing Solutions regularly failed to pay employees for all the hours they worked and forced them to work off the clock without breaks.
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Indy tourism officials launch Super Bowl ad campaign

January 5, 2012
Anthony Schoettle
The Indianapolis Convention & Visitors Association has launched a 25-day, $100,000 ad campaign to lure visitors to the city in the days leading up to the Super Bowl. The campaign targets the Chicago, Cincinnati and Louisville markets.
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Openings launch new era for Indianapolis tourism

December 24, 2011
The $275 million Indiana Convention Center expansion was completed in January, and the 1,005-room JW Marriott opened the following month.
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Suburban-hotel mayhem whipsaws entrepreneurRestricted Content

November 19, 2011
Greg Andrews
Two of Sanjay Patel's hotels landed in bankruptcy in November. Four others filed for Chapter 11 protection last year.
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Carmel mayor's next goal: Build posh, $32M hotelRestricted Content

October 22, 2011
Cory Schouten
The principal developer of Carmel's City Center, Pedcor Cos., is working with city officials on plans for a four-star boutique hotel that likely would cost at least $32 million to build and may require an additional city subsidy.
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Kiwanis chooses Indianapolis for 100th convention

October 19, 2011
The Indianapolis-based organization will hold its annual convention in the city in 2015, marking its 100th anniversary. About 10,000 members are expected to attend.
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Texas investors buy northeast-side hotel

October 18, 2011
Tom Harton
A couple from suburban Houston bought the 187-room Ramada Inn in an online auction for $1.3 million and have rebranded it as ExtendASuites.
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Downtown Hyatt upgrades hotel roomsRestricted Content

September 17, 2011
 IBJ Staff
The renovation, which will be finished in January, includes all 499 guest rooms and suites and the hotel's corridors.
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Texas firm buys water-park hotel on northwest side

September 15, 2011
 IBJ Staff
General Hotels Corp. has finalized the sale of the Caribbean Cove Hotel & Water Park, averting closure of the 344-room hotel and saving 266 jobs.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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