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.
The annual report of the city’s Capital Improvement Board shows the number of events at the Indiana Convention Center and Lucas Oil Stadium—and the total attendance for those events—fell sharply from 2014 to 2015.
More than 30 foreign ambassadors—representing countries across four continents—are scheduled to be in Indianapolis to learn about Indiana’s economy and explore potential business relationships with Hoosier firms.
The impending arrival of the full-service Embassy Suites with convention and banquet facilities may have attracted yet another hotelier to the critical mass of operators just west of Indianapolis International Airport.