Tourism & Hospitality

Creditor could take ownership of downtown Comfort Suites

October 5, 2012
Scott Olson
The owner of the hotel, an affiliate of Dora Brothers Hospitality Corp. in Fishers, filed for Chapter 11 bankruptcy in February. German American Capital Corp., which is owed $12 million, could own the property by the end of the year.
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Competition puts dent in Indiana casino revenue

October 4, 2012
Scott Olson
Indiana casino revenue fell 3.5 percent through the first eight months of the year even though overall revenue at U.S. casinos grew 6 percent during the period. New casinos in Illinois and Ohio are likely to blame.
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Percussive Arts Society names new executive director

October 4, 2012
 IBJ Staff
Indianapolis-based Percussive Arts Society has appointed Larry Jacobson as executive director of the society and its Rhythm! Discovery Center.
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Report: Indy visitors pay high taxes for travel

October 3, 2012
Associated Press
Visitors pay among the highest travel taxes in the nation when they come to Indianapolis — 17 percent on hotel rates, 15 percent on rental cars and 9 percent on meals.
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Indians attendance increases for fourth straight year

September 24, 2012
Anthony Schoettle
A strong regular season and a playoff run pushed attendance at Indianapolis Indians home games to its best mark in four years and fourth best at Victory Field since 2000.
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Billie Creek up for auction after sealed bids fail

September 23, 2012
Associated Press
The Parke County historic site's land, buildings and antiques will be auctioned publicly on Oct. 20 during the county's Covered Bridge Festival.
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Filling the FFA gap in IndianapolisRestricted Content

September 22, 2012
Anthony Schoettle
Local tourism officials have known for nearly four years that the National FFA Organization annual convention will leave Indianapolis temporarily after an anticipated 55,000 members clad in their trademark blue corduroy jackets descend on the city for their confab Oct. 24-27.
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Event-planning vet Maribeth Smith has impressive resumeRestricted Content

September 22, 2012
Scott Olson
Maribeth Smith’s introduction to the world of event planning sure was a doozy—coordinating the city’s first significant Final Four in 1991. In the 20 years since, Smith has planned some of Indianapolis’ biggest soirees, highlighted this year by several events surrounding the Super Bowl, which helped cement her status as one of the city’s leading meeting planners.
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Lucas Oil Stadium meeting revenue expectationsRestricted Content

September 22, 2012
Mason King
Roughly four years after it opened its doors in late 2008, Lucas Oil Stadium appears to have crossed the threshold of dollars that its creators anticipated from hosting events beyond the scope of the Indianapolis Colts.
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Indy hotel to pay $355,000 to settle race lawsuit

September 21, 2012
Associated Press
The operators of an Indianapolis hotel have agreed to pay $355,000 to settle allegations they underpaid and fired African-American housekeepers because of their race.
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Indiana Grand Casino owners accept bid from Centaur

September 18, 2012
Kathleen McLaughlin, Associated Press
Central Indiana’s two racetrack-casinos may consolidate under a single owner after Indianapolis-based Centaur Holdings LLC submitted a winning bid of at least $500 million for Indiana Grand Casino in Shelbyville.
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Fumes sicken 13 workers at Indiana State Fairgrounds

September 4, 2012
Associated Press
A spokesman says more than a dozen people have been taken to hospitals after they were sickened by fumes from gas-fueled power-washing equipment while working at the Indiana State Fairgrounds.
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Zoo breaks ground on $21M orangutan exhibit

September 4, 2012
Cory Schouten
Indianapolis Zoo officials are hoping to finish strong on the organization's largest fundraising effort since the zoo moved to White River State Park in 1988.
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Steak n Shake paying $3.8M for Ober Building

September 4, 2012
Cory Schouten
An affiliate of the Steak n Shake restaurant chain has agreed to pay $3.8 million to acquire downtown's Ober Building from the Capital Improvement Board of Marion County. The restaurant chain likely will move its headquarters to the 1910 building.
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Earth House cites unsustainable business model for closure

August 23, 2012
Dan Human
Leaders of a church-affiliated Indianapolis arts organization are citing an unsustainable business model as the reason why doors will close at the end of the month. Earth House Collective will host its final events on Aug. 31
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Indiana State Fair falls short of attendance goal

August 20, 2012
Scott Olson
This year's Indiana State Fair drew 853,941 visitors during a 17-day run that ended Sunday, falling short of its attendance goal by about 20,000 people. The fair had aimed for overall attendance of 875,000, a figure based on the average number of visitors the past five years.
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Fate of theme park remains on roller coaster ride

August 18, 2012
Associated Press
Efforts to reopen a closed Kentucky amusement park have taken a roller coaster ride for three summers, and now there's a new twist as the state seeks out more would-be operators even as a group of local business leaders floats a proposal to revive the attraction.
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City's convention agency changing to more 'hip' name

August 17, 2012
Anthony Schoettle
The Indianapolis Convention & Visitors Association is changing its name to Visit Indy and dramatically altering its logo to appeal to leisure travelers as well as meeting and convention planners.
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Downtown Indianapolis gearing up for big visitor weekend

August 16, 2012
Scott Olson
The Gen Con Indy gaming convention and the MotoGP race are among several events the city is hosting that could produce an economic impact of $150 million, according to the Indianapolis Convention and Visitors Association.
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Stage company rejects Indiana State Fair settlement deal

August 15, 2012
Associated Press
The owner of the stage that collapsed at Indiana's State Fair last year and killed seven people rejected a settlement plan Wednesday that would have protected the state from further legal action and paid victims an additional $7.2 million.
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IMA chooses new CEO from Kentucky art museum

August 15, 2012
 IBJ Staff
Charles L. Venable, 52, the director and CEO of the Speed Art Museum in Louisville since 2007, was chosen to replace Maxwell Anderson, who left the IMA in January to become director of the Dallas Museum of Art.
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Museum of Contemporary Art names executive director

August 15, 2012
 IBJ Staff
The Indianapolis Museum of Contemporary Art has removed the "interim" tag from the title of its executive director.
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Playoffs?! CIB predicts Colts won't host postseason game

August 14, 2012
J.K. Wall
The city entity that owns Lucas Oil Stadium, where the Colts play their home games, budgeted $1 million less in admission-tax revenue for 2013 for one reason: The board does not expect the Colts to host any playoff games.
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CIB plans $5M repair to Capitol Commons plaza

August 14, 2012
J.K. Wall
The project is part of a $63.9 million operating budget board members approved for 2013, which is lower than the current year's budget because it doesn't include Super Bowl costs or special payments to the Indiana Pacers.
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Hamilton County hotels report stronger occupancy

August 14, 2012
Helped in part by the Super Bowl, the county's occupancy rate increased 8.4 percent, to 63 percent, compared with the first six months of 2011, according to a report by Tennessee-based Smith Travel Research.
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