Tourism/Hospitality

CIB finances improving, though concerns remain

November 9, 2009
Scott Olson
Approaching the end of 2009, Indianapolis' cash-strapped Capital Improvement Board is on much more solid financial footing.
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Supreme Court to hear gambler's suit

November 8, 2009
Associated Press
The Indiana Supreme Court will hear arguments this week on whether an Ohio River casino should have allowed a compulsive gambler to play and lose $125,000 in a single night.
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City Market board sought 3-year closure for redevelopment

November 3, 2009
Peter Schnitzler
Board president says he quit after Indianapolis Mayor Greg Ballard declined proposal to shut down historic landmark until 2013 for major renovation.
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RCI to become Wyndham Exchange; says Carmel jobs are safeRestricted Content

October 31, 2009
Anthony Schoettle
Despite a swooning economy that has hammered the time-share condominium industry over the last 18 months, Resort Condominiums International continues to outperform its market. That’s not to say there hasn’t been some pain at the company formerly headquartered in Carmel.
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Downtown upscale eateries cancel their lunch plans

October 30, 2009
Mason King
While fast food remains a favorite for value-minded patrons, several higher-end restaurants in the Mile Square and its nearby environs have decided in the last year to pull the tablecloth out from under their lunch service.
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Hoosier Park owner misses $13.4M loan payment

October 29, 2009
Peter Schnitzler
Indianapolis-based Centaur LLC, owner of Anderson's Hoosier Park horse track and casino, missed a $13.4 million interest payment due Tuesday on its more than $400 million in outstanding debt, putting the company in default with its lenders.
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Smoking-ban backers, opponents vow to keep battling

October 27, 2009
Brock Benefiel
Supporters of a stricter ban on smoking in Indianapolis workplaces said the City-County Council's decision Monday night to table the proposal will not kill efforts to get legislation passed.
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Hendricks County offers land for hotel development

October 26, 2009
 IBJ Staff
The Hendricks County Convention and Visitors Bureau said Monday that it is asking for proposals to develop a full-service convention hotel on up to 18 acres in Plainfield at the intersection of Interstate 70 and Highway 267.
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Cash-strapped Hoosier Park racing to restructure $400M in debt

October 17, 2009
Peter Schnitzler
Despite rampant speculation, Anderson’s Hoosier Park is not facing imminent bankruptcy, according to its owner, locally based Centaur Inc.
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Fishers water park developer hopeful despite setback

October 15, 2009
Scott Olson
The developer of a proposed hotel and water park in Fishers remains optimistic the project will get finished, despite the latest setback delaying the start of construction by at least two years.
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How to make the best of meetings and events gone awryRestricted Content

September 26, 2009
Chip Cutter
Meeting and event planners spend years poring over details for big functions, plotting minute-by-minute schedules, and brainstorming every possible contingency to stave off disaster. Sometimes, though, even the best-laid plans go awry.
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Fort Wayne lures long-time conventions from Indy

September 21, 2009
 IBJ Staff and Associated Press
Fort Wayne's expanded convention center and a planned downtown hotel are proving attractive to conventions, including at least four events long held in Indianapolis.
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NCAA, city haggle over Final Four rental dealRestricted Content

September 19, 2009
Anthony Schoettle
A little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee, the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual not to have an agreement pinned down in the months leading up to the event.
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Super Bowl Committee adds vice president of event operations

September 19, 2009
 IBJ Staff
The 2012 host committee recently hired South Bend native and Indiana University graduate Michelle Raines, who previously served in senior management roles for four Republican national conventions.
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More layoffs, furloughs possible for cash-strapped CIB

September 14, 2009
Scott Olson
The financial condition of the city’s Capital Improvement Board, though improving, is still dire enough that employees of the Indiana Convention Center could be subjected to more unpaid furloughs or layoffs.
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New Columbia Club general manager trying to reverse membership slideRestricted Content

September 12, 2009
Peter Schnitzler
James Rentschler hopes to restore the Columbia Club’s luster, and its membership roster, by returning the institution to its gilded roots.
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ICVA unlikely to seek loan to pay for enhanced marketing

September 12, 2009
 IBJ Staff
The idea of the not-for-profit Indianapolis Convention & Visitors Association taking out a loan was not warmly received by city officials. And financial institutions were less than thrilled with the idea given the ICVA’s diminishing revenue and increasing costs.
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Community Fair promotes volunteerism

September 10, 2009
The city of Indianapolis and United Way of Central Indiana will host the eighth annual Community Fair on Monument Circle from 11 a.m. to 2 p.m. tomorrow to commemorate the anniversary of 9/11.
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Sidewalk inspections help downtown get spiffed up for big eventsRestricted Content

September 5, 2009
Marc D. Allan
They used to say that downtown Indianapolis rolled up the sidewalks at 6 p.m. No one says that anymore. Now they say those sidewalks need to be clean. Sidewalk cleanliness is important on a day-to-day basis for aesthetic reasons, but even more so when Indianapolis wants to put on its best face for major events like the Final Four, the Indianapolis 500 and the Super Bowl.
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National Math Bee coming to Indianapolis in 2010

September 4, 2009
Scott Olson
The mathematical version of the Scripps National Spelling Bee is coming to Indianapolis in 2010, according to the director of the organization that hosts the event.
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Black engineers group chooses city for 2013 convention

September 2, 2009
 IBJ Staff
The Indianapolis Convention & Visitors Association said today the National Society of Black Engineers will hold its annual convention here in March 2013.
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ICVA: Stadium's retractable roof worth the cost

August 29, 2009
Anthony Schoettle
Three music events with direct visitor spending estimated at $28 million that were hosted at Lucas Oil Stadium offer proof, city officials said, that the expense of the retractable roof and other features of the $720 million facility are paying off.
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ICVA might take out loan to market city for conventionsRestricted Content

August 24, 2009
Anthony Schoettle
The Indianapolis Convention & Visitors Association is so desperate for more marketing funding, the organization charged with promoting the city as a convention and tourism destination is considering taking out a loan. While that would be the last resort, ICVA CEO Don Welsh said it is one he will have to consider if the money can’t be raised through local taxes.
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Adam's Mark converting to Wyndham

August 20, 2009
Scott Olson
The Adam’s Mark Hotel Indianapolis has become the Wyndham Indianapolis West Hotel.
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Columbia Club hires Cincinnati native as GM

August 17, 2009
 IBJ Staff
James B. “Jim” Rentschler, former general manager at the University Club of Cincinnati, has been named general manager of The Columbia Club.

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