KIM: High-quality hotel chain available at bargain price
We believe STAY is significantly undervalued because it is misunderstood by investors.
We believe STAY is significantly undervalued because it is misunderstood by investors.
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.
Visit Indy expects to have booked nearly 800,000 hotel rooms in 2016. (Photo courtesy of Visit Indy) Visit Indy isn’t going to set a record this year for the number of hotel rooms booked into the future like it did in 2014 and 2015. But the local hotel business is doing just fine, said Visit […]
The firm has purchased One Jackson Square and is in discussions to brand it a Canopy by Hilton. The fate of first-floor restaurant tenant Ike & Jonesy’s has yet to be determined.
A New Orleans company wants to build a 15-story hotel and a seven-level parking garage on downtown property where two previous attempts from other developers have failed.
Bjorn Hanson, of New York University’s Tisch Center for Hospitality and Tourism, expressed doubt at the home-furnishing retailer’s plan to open at least five hotels, including one in Indianapolis.
The retail chain plans to open a line of West Elm hotels, with five locations beginning to open in late 2018—including one in the former Coca-Cola bottling plant.
Several of the best-known names in travel are now united in one hotel company after the $13 billion acquisition.
His company, Merrillville-based Whiteco Industries, developed hotels across the United States, including the downtown Indianapolis hotel complex that includes the JW Marriott.
While year-over-year downtown hotel occupancy sank in July, Visit Indy CEO Leonard Hoops said he isn’t concerned. Instead he’s looking for good times ahead.
Construction of a 21c museum and hotel slated to be built as part of a $55 million redevelopment of Old City Hall is not likely to start on time after the owner missed a deadline to secure financing.
The closure of a handful of hotels across the city has essentially wiped out the gains made when the JW Marriott opened with its 1,005 rooms. Now Visit Indy and the city’s Capital Improvement Board are studying whether the city needs more rooms and more convention center space.
The Pro Football Hall of Fame’s decision comes after four fans filed a class-action lawsuit in federal court on behalf of all ticket holders who lost out when the game was canceled.
Hotel officials say Merrillville's Star Plaza Theatre and its adjacent Radisson Hotel will be demolished next year to make room for a new hotel.
New developments mean more revenue but come with the potential for higher crime rates, congested traffic and the loss of smaller businesses.
The developer of the $225 million mixed-use project by Grand Park Sports Campus expects the dominoes to begin falling when a planned Cambria hotel gets under way.
Nearly 10 projects are in various stages of development, including three in Westfield. Once the announced hotels are open, Hamilton County’s room count could increase 35 percent.
With a new developer, the hotel to be built on South Meridian Street will feature a red-brick facade to better reflect the surrounding Wholesale District.
Work on the four-story, 99-room Fairfield Inn could begin this fall near the 106th Street exit under construction along Interstate 69. It is expected to cost $8 million.
The developer broke ground Wednesday on the 120-room hotel that will rise by the Ironworks mixed-use development at East 86th Street and Keystone Avenue. Controversial signage has been approved.