Motel 6 sold to Indian hotel operator for $525M
The budget motel chain—which operates 10 hotels in the Indianapolis area—is being sold by New York-based investment firm Blackstone, which purchased the chain in 2012.
Hotels
Articles
Carmel City Council OKs $19M TIF bond for Proscenium III project
Plans for the project call for 120 apartments, a 125-room high-end hotel, 63,000 square feet of office space, 15,000 square feet of retail space, 508 parking spaces and a public plaza.
Surack buys downtown Indy hotel to put damper on Hogsett’s plans for heliport
Billionaire Chuck Surack’s real estate purchases are intended to discourage Mayor Joe Hogsett’s administration from disposing of the Indianapolis Downtown Heliport so the property could be used to build a soccer stadium.
Wine bar and bistro closing at Conrad Indianapolis
Tastings—A Wine Experience announced plans for its “last call” after 15 years in operation.
A ‘very frustrating process’
Kleinhenz said while the goal remains to have a hotel at the site, the town is open to alternatives, including a mixed-use development with retail and apartments or a corporate headquarters. And he said the lack of progress on the site hasn’t exactly deterred activity elsewhere in town.
More than 10,000 hotel workers strike during Labor Day weekend
UNITE HERE said a total of 15,000 workers have voted to authorize strikes, which could soon spread to other cities.
Butler University to convert Ross Hall into upscale hotel instead of demolishing it
Plans now call for the residence hall to be redeveloped into a 105-room hotel that will operate under Hilton Worldwide Holdings Inc.’s upscale Curio Collection flag.
InterContinental Hotel hires restaurant veteran Craig Baker as executive chef
Baker, who has played key roles at at several Indianapolis restaurants, most recently served as president of HAIV Hospitality and previously oversaw The AMP food hall at 16 Tech.
Proposed downtown hotel, residential tower gets new look in latest design
Indianapolis-based TWG Development has overhauled its design for the skyscraping tower planned at 222 N. Alabama St., immediately north of Old City Hall and considered the bulk of the $264 million redevelopment project for the west side of that block.
IBJ Podcast: JW Marriott’s manager on surviving pandemic, saving March Madness and facing new competition
Phil Ray also weighs in on the new taxing district the city is considering for beautification and public safety efforts downtown, plus the city-funded construction of an 800-room hotel that would become the JW Marriott’s biggest competitor.
IHG seeking to build Atwell Suites hotel in Saxony area of Fishers
United Kingdom-based IHG Hotels & Resorts is seeking to build a 113-room Atwell Suites hotel in Fishers, but hurdles remain as the project goes through the city’s review process.
IBJ Podcast: Simons building hospitality ecosystem by fieldhouse with plans to add luxury hotel, concert venue
Here’s how plans for a $300 million complex with a luxury hotel and concert venue could vibe with Gainbridge Fieldhouse and Commission Row—not to mention the proposed soccer stadium a couple blocks to the east.
Revamped downtown CSX redevelopment plan features upscale hotel, music venue
An investment group led by Indiana Pacers owner Herb Simon and his family said Thursday it plans to spend at least $300 million to construct a 13-story luxury hotel and connected 4,000-seat theater on the property after demolition of the existing century-old building.
National Catholic group, Brickyard 400 making hotel rooms scarce in Indianapolis this weekend
The National Eucharistic Congress will use about 27,000 hotel room nights over five days. The event officially runs Wednesday through Sunday, but a welcome service took place Tuesday night at St. John the Evangelist Catholic Church (see photo gallery in story).
City open to additional funding for Old City Hall project after major budget increase
Indianapolis-based TWG Development LLC now says it will cost as much as $264 million to overhaul the historic building and build a 32-story apartment and hotel tower on a lot directly to its north—an increase of nearly 90% from the original budget.
Caitlin Clark-Gatorade ad explores new heights on JW Marriott hotel
The 34-story hotel’s facade has frequently been used to promote numerous local events and teams, but the 205-foot-tall Clark graphic for Gatorade marks the first obvious product advertisement on the building.
Record-setting Signia hotel concrete pour sets stage for construction
More than 800 truckloads of concrete went into the foundation for the planned Signia by Hilton hotel and Indiana Convention Center addition at Pan Am Plaza over a 12-hour period.
Developer plans $16.4M hotel next to growing Crawfordsville business park
The 100-room hotel is planned for a parcel next to Crawfordsville Commerce Park, which got off to a slow start about two decades ago but recently has landed some major tenants.
Hotel slated for parking lot across from Gainbridge Fieldhouse
The hotel would be flagged as a Tempo by Hilton, a brand launched in early 2020 with a focus on drawing business travelers with higher-end amenities like bars and cafes.
Hotel Carmichael exceeding financial expectations, could expand
Financial figures made public to the Carmel City Council show the luxury hotel has exceeded expectations for revenue and occupancy since its opening in 2020.