U.S. hotels face $21B business-travel shortfall in 2022
Indianapolis is predicted to fare better than many other markets, but is still expected to see a decline in hotel business travel revenue of 16.4%.
Indianapolis is predicted to fare better than many other markets, but is still expected to see a decline in hotel business travel revenue of 16.4%.
Restaurants, just like hotels, had to let most of their staffs go early in the pandemic because there was no one for them to serve. But now that business is picking up again, many of those former restaurant and hotel staffers have moved on.
The five-story, 116-unit Hotel Nickel Plate, part of Hilton’s high-end Tapestry Collection brand, will be built in Fishers’ Nickel Plate District.
City officials plan to create an economic development area in the coming months for the Motto-branded hotel, which is being developed in the the historic King Cole building by Chicago-based Gettys Group for about $48.5 million.
Shortages of materials and labor are making it difficult for hotel operators to deliver the experience many guests have come to expect.
An Indianapolis company is building a boutique hotel using repurposed shipping containers to accommodate guests seeking unusual experiences in the heart of the city.
Not only do you have to rearrange plans to visit customers or attend conferences, but you suddenly need to isolate in a hotel room, find restaurants that deliver, and perhaps reschedule flight and hotel plans.
What does it take for a hotel to get ready to handle thousands of football fans? The JW Marriott’s Phil Ray explains.
Hundreds of tickets to Monday’s College Football Playoff National Championship game in Indianapolis are available for purchase on the secondary market.
Most of the more than 7,400 hotel rooms in downtown’s inventory are expected to be occupied on Sunday and Monday nights. And a few remaining rooms available on Friday and Saturday are being offered at astronomical prices.
The Spring League, a developmental football association formed in 2017, racked up some $1.4 million in unpaid bills during a nine-week stay in Indianapolis last spring.
The suits allege the eight-team, quasi-professional league accumulated a bill of $1.1 million during its stay at the Crowne Plaza Union Station and a tab of nearly $235,000 for six games played at Lucas Oil Stadium.
Loftus Robinson confirmed plans this week to give up development rights to the unfinished Wilshaw hotel project in Speedway after numerous delays, but company Principal Drew Loftus said the firm’s redevelopment plan for a tower in downtown Indianapolis is still on.
Throughout its short tenure, the 139-room boutique hotel has managed to snag locals and out-of-town visitors through its connection to the larger Bottleworks District.
Featuring an exterior of clear and light-colored glass, the building would replace the current headquarters of the American College of Sports Medicine while giving the group a new home.
The $35 million boutique hotel at 141 E. Washington St., at the corner of Delaware Street, will open in a remodeled 60,000-square-foot building that was constructed in 1969 for State Life Insurance Co. and was the home of local law firm Riley Bennett & Egloff from 2003 to 2019.
Daily housekeeping was once a given. Since the onset of the pandemic, hotels of all sizes and price points have been scaling back this service to every few nights and allowing guests to determine the frequency of attention.
Plans for a new hotel across from Shapiro’s Delicatessen in downtown Indianapolis are moving forward after a year-long delay caused by the pandemic—now with a new name and a more experienced development team.
City Council President Sue Finkam issued a report analyzing the hotel’s $18.5 million in overruns and recommending changes in the way the council and Carmel Redevelopment Commission communicate.
Host Mason King chats with IBJ real estate reporter Mickey Shuey about the state of the hotel industry in Indy and which projects are completed, underway and on hold.