Hyatt Regency Indianapolis acquired by joint venture
The city's fourth largest hotel has been acquired by a joint venture of Davidson Hotels & Resorts and Silverpeak Real Estate Partners, the companies announced Monday.
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Visit Indy smashes 12-year-old hotel-booking record
Fueled by exposure from the 2012 Super Bowl and a USA Today article touting the city’s convention prowess, Visit Indy booked nearly 200,000 more hotel rooms in 2014 than it did in 2013.
Indy lands return of massive NRA show for 2019, 2023
The National Rifle Association’s annual convention was Indianapolis’ biggest convention last year, and local hospitality leaders expect it to be even bigger in future years.
Caesars unit says it filed Chapter 11 in bid to trim debt
A cash-strapped division of casino giant Caesars Entertainment Corp. that owns two Indiana casinos is hoping a court agrees to its plan to get out from under $18.4 billion of debt.
Trailblazing hotelier eyes Indy for new lodging concept
Jack DeBoer, a Kansas-based businessman known as the creator of the extended-stay hotel, is bringing his hotel/apartment hybrid to Indianapolis.
Hotels to offer free Wi-Fi but tighten cancellation policies
The big chains, those mega-hotels that cater to business travelers during the week, are finally following suit of the budget, side-of-the-road properties and offering free Internet.
As new hotel plans emerge, existing operators fret
During the second half of 2014, developers announced that four new hotels would open over the next two to three years—a time the city’s convention schedule is looking light.
Sports complex developer confirms financing woes
A developer that planned to open a $22 million hotel and indoor sports complex in Greenwood has officially suspended those plans after failing to find funding.
Indy hospitality chief: “We’re at tipping point on taxes.”
In September 2013, veteran lobbyist Patrick Tamm became president of the Indiana Restaurant & Lodging Association, replacing longtime industry advocate John Livengood. Tamm’s hire came eight months after IRLA was formed by merging the Indiana Hotel & Lodging Association and the Indiana Restaurant Association, both of which Livengood served as president since 1998.
New hotels to arrive in downtown Indy just as visitor traffic slows
For the past 15 years, downtown hotel developers have moved masterfully in lock-step with demand. But with Indianapolis’ convention business showing signs of slowing in 2015 and 2016—right about the time three new hotels are scheduled to open—that streak might crash to a halt.
TripAdvisor is new powerhouse in hospitality industry
The travel website TripAdvisor has seen such an explosion of consumer-generated reviews and page views in the last two years that local hoteliers now monitor it continually.
Hilton North closure to cost 46 employees their jobs
Community Health Network Foundation is closing the hotel in December to create room for more hospital development.
New Hilton brand coming to downtown’s Illinois Building
A Canopy by Hilton will occupy the historic building just a block from Monument Circle as part of chain’s launch of the new brand in 11 cities.
Cambria hotel in works near Westfield’s Grand Park
A Cleveland-based development group intends to build a $17 million, 150-room Cambria Suites hotel along 186th Street across from Westfield’s burgeoning youth-sports complex.
Developer seeks tax break for downtown hotel project
Developers planning a new Home2 Suites by Hilton in downtown Indianapolis are asking the city for a property-tax break on the project that could save them more than $650,000.
General Hotels buys Columbus Courtyard Marriott
The acquisition by the Indianapolis-based hotelier brings its portfolio of central Indiana properties to 13.
Community Health buys Hilton North for redevelopment
The hospital network will close the 221-room hotel along the Interstate 69 corridor by the end of the year and will begin exploring redevelopment opportunities to meet the growth of the network.
Hilton boutique hotel slated for renovated Consolidated Building
Plans call for a 102-room Home2 Suites by Hilton to be built in what’s known as the annex of the Consolidated Building, at the rear of the vacant, 15-story structure on North Pennsylvania Street.
REI Investments agrees to buy site of former GM stamping plant
The local developer plans to purchase the entire 102-acre property, which has been earmarked for a 15,000-seat outdoor concert venue and the city’s new criminal justice complex.
Two-hotel tower proposed across from fieldhouse
A Minneapolis developer wants to build two high-end hotels in the same 15-story building on a surface parking lot downtown across from Bankers Life Fieldhouse.