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.
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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.
Grand Park helps Hamilton County hotels run up score
Hotel business is booming in Hamilton County, with mid-year occupancy up 9 percent from the first half of 2013. Open since March, Westfield’s massive Grand Park Sports Campus has thrown its weight behind the surge.
Tech entrepreneur launches Indy Visitors Channel
Folksy chief cements deals with handshakes, promotes tourism spots with video network in hotels.
Hotel app maker to shift HQ accommodations to Indianapolis
Dallas-based Yikes, which automatically handles most hotel transactions for consumers, is planning on ramping up operations and settling its main office in downtown Indianapolis.
After Super Bowl setback, Indianapolis races to lure other events
A stinging defeat for Indy’s quest to land the 2018 Super Bowl leaves a giant opening in the city’s convention schedule and brings new urgency to recruiting future sports events.
Indy an underdog in final push to capture 2018 Super Bowl
New Orleans has emerged as the front runner to host the Super Bowl in 2018 due to its tricentennial celebration and the fact that this could be 87-year-old Saints owner Tom Benson’s last crack at hosting the big game.
Bid says 2 new hotels possible before 2018 Super Bowl
The city on Wednesday turned in a 900-page bid to host the 2018 Super Bowl that mentions the possibility of two new downtown hotels. Meanwhile, a Colts official said owner Jim Irsay plans to help lobby for the city’s bid at the May 19-21 NFL owners meeting.
500 Festival Mini Marathon might not fill field
With less than two weeks to go, the 38th 500 Festival Mini Marathon might not have a full field for the first time in 12 years.