Tourism & Hospitality

Officials: Despite expansion, convention center needs work

May 15, 2010
Anthony Schoettle
Seven months before the $275 million expansion of the Indiana Convention Center is complete, convention planners and local convention and tourism officials are calling for an upgrade to the existing Convention Center space.
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Cheer competition inks three-year extension with city

May 13, 2010
Jamfest Cheer Super Nationals will be held in Indianapolis through 2015. The competition is one of the city's largest annual gatherings, attracting about 20,000 cheerleaders and spectators.
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City visitors group launches $1.3M ad campaign

May 12, 2010
Scott Olson
The Indianapolis Convention & Visitors Association is spending $1.3 million to promote the city to eight Midwestern markets, in hopes of attracting more travelers.
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'Indiana Experience' boosts Historical Society visits

May 12, 2010
Society says the attendance represents a 57.4-percent increase over typical walk-in traffic to the Indiana History Center.
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MOUNAYAR: Indianapolis should rediscover public spaces

May 8, 2010
Michel Mounayar
Too few of the city's revitalization projects are connected by attractive sidewalks, streets, gardens and plazas.
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State tourism cuts alter marketing methods

May 7, 2010
Scott Olson
In light of a shrinking budget, the state has dropped traditional advertising campaigns to promote tourism and is embracing social media outlets to promote Indiana's attractions.
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General Hotels lands 5 new properties

May 4, 2010
General Hotels Corp. will manage five more hotels in Indiana and Ohio.
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City targets Georgia Street for $12.5M makeover

May 4, 2010
The project will create an event-friendly corridor from the expanded Indiana Convention Center to Conseco Fieldhouse.
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Indianapolis beats Louisville on visitors, but not spaceRestricted Content

May 1, 2010
Together, the Kentucky International Convention Center and the Kentucky Exhibition Center offer cavernous space. However, Indianapolis is attracting more guests.
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Connector bridges gap between convention center and stadiumRestricted Content

May 1, 2010
Norm Heikens
Designers of a walkway that connects the buildings are making the experience as attractive as possible in order to overcome the psychological barrier of moving from one building to another.
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Corporate hospitality in doldrums at Speedway

May 1, 2010
Anthony Schoettle
Unfathomable just a decade ago, the Indianapolis Motor Speedway is trimming demands on hospitality packages in a scramble to fill vacancies and preserve what IMS officials call "a major profit center."
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British tour firms' visit may lead to transatlantic direct flightsRestricted Content

May 1, 2010
Anthony Schoettle
An initiative to bring 10 of the biggest travel tour operators in the United Kingdom to this year's Indianapolis 500 could be a first step in bolstering business at the Indianapolis Motor Speedway, area golf courses and Indianapolis International Airport, where city boosters hope to establish direct flights to London.
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UPDATE: Tennis Center set for summer demolition

April 30, 2010
Anthony Schoettle
Sources close to the university said they expect a combination of parking facilities and a multi-use athletics venue and convocation center to be built on the site.
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Hendricks County scales back hospitality plan

April 17, 2010
Kathleen McLaughlin
The convention bureau has shelved its plan to attract a full-service hotel and instead will boost spending on tourism marketing.
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MZD lands tourism account for Hendricks County

April 17, 2010
 IBJ Staff
Seventeen agencies submitted proposals for the account.
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Indianapolis to host conference for occupational therapists

March 27, 2010
 IBJ Staff
Attracting the meeting is a coup for Indianapolis Convention & Visitors Association officials who are trying to pull in more health-related events.
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Record visitor spending expected for Final Four

March 23, 2010
Anthony Schoettle
Tickets were snapped up fast for this year's Final Four, almost assuring a record economic impact for Indianapolis. But two more wins for Purdue or Butler could bring down projected visitor spending.
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Future of Big Ten tourneys in city unclear after 2012

March 11, 2010
Scott Olson
The Big Ten men's and women's basketball tournaments will be held in Indianapolis the next two years, but the conference's future in the city is uncertain after 2012.
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Children's Museum planning $4.2 million exhibit

March 9, 2010
Chris O'Malley
The Children's Museum of Indianapolis is teaming with National Geographic on a permanent exhibit, "National Geographic Treasures of the Earth," intended to provide immersive learning in archeological excavation.
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Hoosier Park owner seeks to reorganize $680M in debt

March 8, 2010
Peter Schnitzler
Centaur LLC, which filed for Chapter 11 bankruptcy protection on Sunday, plans to sell its Colorado casino. Much of its debt was incurred to upgrade Hoosier Park in Anderson and add its slots parlor.
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Hoosier Park owner Centaur files for bankruptcy protection

March 7, 2010
Indianapolis-based Centaur LLC, owner of Hoosier Park horse track and casino in Anderson, filed for Chapter 11 reorganization on Sunday. The company's casino, racing and hotel operations will continue without interruption, it said.
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Stutz Business Center owner purchases Canterbury Hotel

March 1, 2010
Scott Olson
Turner Woodard has purchased the historic Canterbury Hotel on South Illinois Street. He said the hotel fits his vision of turning around properties and making them profitable.
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Convention center tours part of larger tourism strategy

March 1, 2010
Scott Olson
Executives of Gen Con, one of the city's largest conventions, visited Indianapolis last week to get their first glance of the construction of the Indiana Convention Center expansion. Local tourism officials are using such tours to market the larger space.
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EDITORIAL: White Lodging delivers a winner for Indianapolis tourism

February 27, 2010
 IBJ Staff
Hindsight is always 20/20, but in the case of the Marriott Place hotel complex, foresight was just as clear.
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Indianapolis Indians use promotion to make Monday games profitable

February 27, 2010
 IBJ Staff
Concession-stand items for $1 started drawing crowds a few years ago to what had been a slow night at Victory Field.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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