Hotels

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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Colts to keep camp in Anderson for 5 more years

August 17, 2011
Associated Press
The Indianapolis Colts announced Tuesday they had agreed to a five-year deal that will keep training camp at the Division III school northeast of Indianapolis through 2016.
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Buyer lined up for Caribbean Cove hotel, water park

August 11, 2011
Scott Olson
The owner of the hotel and water park said a sale should be complete on Sept. 12. If the acquisition falls through, however, it will close the property on Oct. 9, putting 206 employees out of work.
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  1. Socialized medicine works great for white people in Scandanavia. It works well in Costa Rica for a population that is partly white and partly mestizo. I don't really see Obamacare as something aimed against whites. I think that is a Republican canard designed to elicit support from white people for republican candidates who don't care about them any more than democrats care about the non-whites they pander to with their phony maneuvers. But what is different between Costa Rica nd the Scandanavian nations on one hand and the US on the other? SIZE. Maybe the US is just too damn big. Maybe it just needs to be divided into smaller self governing pieces like when the old Holy Roman Empire was dismantled. Maybe we are always trying the same set of solutions for different kinds of people as if we were all the same. Oh-- I know-- that is liberal dogma, that we are all the same. Which is the most idiotic American notion going right back to the propaganda of 1776. All men are different and their differences are myriad and that which is different is not equal. The state which pretends men are all the same is going to force men to be the same. That is what America does here, that is what we do in our stupid overseas wars, that is how we destroy true diversity and true difference, and we are all as different groups of folks, feeling the pains of how capitalism is grinding us down into equally insignificant proletarian microconsumers with no other identity whether we like it or not. And the Marxists had this much right about the War of Independence: it was fundamentally a war of capitalist against feudal systems. America has been about big money since day one and whatever gets in the way is crushed. Health care is just another market and Obamacare, to the extent that it Rationalizes and makes more uniform a market which should actually be really different in nature and delivery from place to place-- well that will serve the interests of the biggest capitalist stakeholders in health care which is not Walmart for Gosh Sakes it is the INSURANCE INDUSTRY. CUI BONO Obamacare? The insurance industry. So republicans drop the delusion pro capitalist scales from your eyes this has almost nothing to do with race or "socialism" it has to do mostly with what the INSURANCE INDUSTRY wants to have happen in order to make their lives and profits easier.

  2. Read the article - the reason they can't justify staying is they have too many medicare/medicaid patients and the re-imbursements for transporting these patient is so low.

  3. I would not vote for Bayh if he did run. I also wouldn't vote for Pence. My guess is that Bayh does not have the stomach to oppose persons on the far left or far right. Also, outside of capitalizing on his time as U. S. Senator (and his wife's time as a board member to several companies) I don't know if he is willing to fight for anything. If people who claim to be in the middle walk away from fights with the right and left wing, what are we left with? Extremes. It's probably best for Bayh if he does not have the stomach for the fight but the result is no middle ground.

  4. JK - I meant that the results don't ring true. I also questioned the 10-year-old study because so much in the "health care system" has changed since the study was made. Moreover, it was hard to get to any overall conclusion or observation with the article. But....don't be defensive given my comments; I still think you do the best job of any journalist in the area shedding light and insight on important health care issues.

  5. Probably a good idea he doesn't run. I for one do not want someone who lives in VIRGINIA to be the governor. He gave it some thought, but he likes Virginia too much. What a name I cannot say on this site! The way these people think and operate amuses me.

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