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Westfield sees potential for business with South Korean companies, starting with hotel

January 30, 2025 | Daniel Bradley

Westfield officials hope a proposed $50 million hotel by South Korean-based Lotte Hotels & Resorts could provide an opening for more business with the country. City officials are planning an economic development trip to Asia in March to explore the possibilities.

IBJ Podcast: The latest on downtown soccer stadium, $78M Fever facility and Simon hotel/concert venue

January 27, 2025 | Mason King

The Indiana Fever Sports Performance Center has joined the roster of projects announced for the southeast quadrant of the Mile Square, which includes the prospective site of a Major League Soccer stadium.

Long-awaited InterContinental Hotel yet to set opening date

December 27, 2024 | Mickey Shuey

Indianapolis-based Keystone Group has been working on the 170-room hotel, a $101 million adaptive reuse of the historic Illinois Building at 17 W. Market St., since 2018.

Concert promoters, hotels and lodging sites soon must disclose extra fees up front

December 17, 2024 | Associated Press

Consumers often see advertised prices for hotel rooms, short-term rentals, and tickets to sporting events and concerts only to be surprised later by so-called “junk fees,” including resort fees, cleaning fees, processing fees and other extra charges.

UnitedHealthcare CEO fatally shot outside New York City hotel

December 4, 2024 | Associated Press

Brian Thompson was killed in midtown Manhattan early Wednesday morning in what authorities described as a targeted attack that sent reverberations across the city and corporate boardrooms globally.

City weighing whether to award $40M in TIF, forgivable loan funds for Simon-led hotel, entertainment project

November 12, 2024 | Mickey Shuey

The $312 million project calls for a 170-room Shinola Hotel, a 4,000-seat live performance venue operated by Live Nation, an enclosed parking garage and a skybridge connecting to Gainbridge Fieldhouse.

Count Indianapolis hotels and restaurants among fans of ‘Eras Tour’

November 3, 2024 | Dave Lindquist

In a year that’s included the NBA All-Star Game and U.S. Olympic swimming trials, Taylor Swift’s concerts are generating comparable business.

Hotels across nine-county area sold out for Eras Tour weekend

October 21, 2024 | Mason King

Indianapolis’ agency for conventions and tourism also reports that short-term lodging bookings through Airbnb and Vrbo have surged 207% in the Indianapolis area as compared to Nov. 1-3 of 2023.

Swiss Miss collaboration expands Hotel Tango’s ’Shmallow brand

October 7, 2024 | Dave Lindquist

Swiss Miss ’Shmallow, a collaboration between hot cocoa brand Swiss Miss and Hotel Tango Distillery, will be in stores through December. Hotel Tango views the collaboration with the international brand as a “huge opportunity.”

South Korea-based hotel firm planning high-end hotel with 215 rooms in Westfield

October 3, 2024 | Daniel Bradley

Plans call for the 215-room L7 Westfield hotel to be built on 6.5 acres in the Lantern Commons development near the intersection of U.S. 31 and 161st Street.

Motel 6 sold to Indian hotel operator for $525M

September 22, 2024 | Associated Press

The budget motel chain—which operates 10 hotels in the Indianapolis area—is being sold by New York-based investment firm Blackstone, which purchased the chain in 2012.

Surack buys downtown Indy hotel to put damper on Hogsett’s plans for heliport

September 13, 2024 | Mickey Shuey

Billionaire Chuck Surack’s real estate purchases are intended to discourage Mayor Joe Hogsett’s administration from disposing of the Indianapolis Downtown Heliport so the property could be used to build a soccer stadium.

Plans to replace downtown CSX building with hotel, concert hall given go-ahead by historic commission

September 4, 2024 | Mickey Shuey

The $312 million project from Boxcar Development LLC, a holding company for the Herb Simon family, was unanimously approved by the Indianapolis Historic Preservation Commission after about a half-hour of presentation and discussion.

More than 10,000 hotel workers strike during Labor Day weekend

September 2, 2024 | Associated Press

UNITE HERE said a total of 15,000 workers have voted to authorize strikes, which could soon spread to other cities.

Butler University to convert Ross Hall into upscale hotel instead of demolishing it

August 23, 2024 | Mickey Shuey

Plans now call for the residence hall to be redeveloped into a 105-room hotel that will operate under Hilton Worldwide Holdings Inc.’s upscale Curio Collection flag.

InterContinental Hotel hires restaurant veteran Craig Baker as executive chef

August 22, 2024 | Mickey Shuey

Baker, who has played key roles at at several Indianapolis restaurants, most recently served as president of HAIV Hospitality and previously oversaw The AMP food hall at 16 Tech.

Proposed downtown hotel, residential tower gets new look in latest design

August 20, 2024 | Mickey Shuey

Indianapolis-based TWG Development has overhauled its design for the skyscraping tower planned at 222 N. Alabama St., immediately north of Old City Hall and considered the bulk of the $264 million redevelopment project for the west side of that block.

IHG seeking to build Atwell Suites hotel in Saxony area of Fishers

August 8, 2024 | Daniel Bradley

United Kingdom-based IHG Hotels & Resorts is seeking to build a 113-room Atwell Suites hotel in Fishers, but hurdles remain as the project goes through the city’s review process.

Historic commission signals support for $312M downtown hotel and entertainment venue project

August 8, 2024 | Mickey Shuey

Members of the Indianapolis Historic Preservation Commission on Wednesday mostly praised plans to redevelop the site of a century-old railroad servicing building across the street from downtown’s Gainbridge Fieldhouse.

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