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Demand for hotel rooms declines with size of Indy 500 throng

May 26, 2017

Attendance at this weekend’s race is expected to lag last year’s mammoth crowd, putting downward pressure on area room rates. The average this year is $195 per night, down from $266 last year.

Carmel hires consultants in effort to land luxury hotel brand by Marriott

May 18, 2017

The Carmel Redevelopment Commission on Wednesday approved spending $20,000 per month for hospitality industry advice that could help it bring an Autograph Collection hotel to the City Center project.

Creator of Bru, Union 50 to open two new restaurants in Ironworks hotel

May 4, 2017

The restaurateur who helped transform the Mass Ave culinary scene plans to branch out with original concepts Rize and Provision this fall in the hotel near Keystone at the Crossing.

Forecast for 2018 Indy hotel bookings brightens

April 20, 2017

Suddenly, 2018 isn’t looking as bad for central Indiana hotels as it was just a few months ago. In February, Visit Indy was projecting about 677,000 hotel rooms would be booked in 2018. Now that number is tracking near 715,000. (IBJ photo/Eric Learned) In February, Visit Indy was projecting about 677,000 hotel rooms would be […]

City reaps $1.2M from Conrad hotel investment

March 31, 2017

Here’s a little-known fact: The city of Indianapolis has an ownership stake in two of downtown’s most luxurious hotels and has received nearly $1.2 million so far from one of the investments.

EDITORIAL: High bar set by scrapped 21c hotel project

March 30, 2017

We encourage the city to be picky in selecting a winning bidder for the Old City Hall, which has been without a permanent use since the Indiana State Museum moved out in 2001.

City gives up on stalled 21c hotel, will seek new proposals

March 24, 2017

City officials are scrapping plans to help finance construction of a long-awaited 21c hotel proposed as part of a $55 million redevelopment of Old City Hall and are putting the property back up for bid.

Hotel industry continues to grow in Hamilton County

March 24, 2017

Dora Hospitality LLC has filed plans to add 48 rooms to its Hilton Garden Inn near 96th Street and Interstate 69 in Fishers.

St. Vincent planning $13.6M education center on hotel site

March 9, 2017

The hospital system plans to tear down a two-story hotel near its Indianapolis flagship campus and build a training facility for simulating situations in acute care.

Hotel hiccup could cost agencies millions

February 16, 2017

Local hoteliers and hospitality officials are bracing for a soft 2018. And some in the industry are pointing to the fallout from a controversial 2015 law as the culprit responsible for an expected one-year downturn.

Henke hopes to land hotels, eateries, grocery along U.S. 31 in Westfield

February 13, 2017

Developer Steve Henke has revealed his preliminary plans for a 40-acre commercial project to be known as the Commons at Chatham Hills.

CIB wants to up scrutiny on taxes paid by hotels and restaurants

February 10, 2017

CIB members initiated an effort Friday to partner with the Indiana Department of Revenue to make sure area hotels and restaurants are paying the taxes they should be.

Historic downtown building to house new Tapestry hotel brand

January 30, 2017

Ratio Architects is designing the project for Hilton as part of a redevelopment of One Jackson Place, a 93-year-old former hotel near Union Station.

Westfield puts Grand Park hotel on hold

January 26, 2017

The 180-room hotel had been expected to open by July 2016, to align with the peak of the summer sports season, but the proposal never received approval and construction never started.

Hilton planning two hotels in Indy under new brand

January 24, 2017

Called Tapestry, the brand is designed to jump on the bandwagon for individualized and upscale hotels with distinctive local features.

Local hotel revenue growth beats national average

January 20, 2017

Through November, downtown Indianapolis hotels saw their revenue increase 8 percent over the same period a year ago, far ahead of the national average of 4.9 percent.

Late flurry of hotel room bookings gives Visit Indy strong finish for 2016

January 5, 2017

In the last two weeks of the year, Visit Indy signed deals to bring 41 conventions to Indianapolis in the next five years. Those deals helped push the group close to a new annual record for advance bookings of hotel rooms.

Advanced bookings down for Indy hotels

December 29, 2016

The number of hotel rooms Visit Indy booked into future years took a tumble in 2016 to the lowest level since 2013. But local tourism and hotel officials aren’t overly concerned.

KIM: High-quality hotel chain available at bargain price

December 1, 2016

We believe STAY is significantly undervalued because it is misunderstood by investors.

Bayh to repay taxpayer money spent on Indianapolis hotels

November 4, 2016

A campaign spokesman for Evan Bayh says the money is being refunded out of an “abundance of caution” after he faced questions over whether the expenditures were allowed by Senate ethics rules.

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