Carmel’s proposed City Center hotel expected to cost $38 million
The proposed high-end hotel at Carmel’s City Center would be partially owned by the city, which would use bonds to finance it.
The proposed high-end hotel at Carmel’s City Center would be partially owned by the city, which would use bonds to finance it.
The Carmel Redevelopment Commission on Wednesday approved spending $20,000 per month for hospitality industry advice that could help it bring an Autograph Collection hotel to the City Center project.
Here’s a little-known fact: The city of Indianapolis has an ownership stake in two of downtown’s most luxurious hotels and has received nearly $1.2 million so far from one of the investments.
City officials are scrapping plans to help finance construction of a long-awaited 21c hotel proposed as part of a $55 million redevelopment of Old City Hall and are putting the property back up for bid.
The 315-room hotel, built in 1998 at Keystone at the Crossing, now boasts several amenities and improvements that give it a more modern feel.
The hospital system plans to tear down a two-story hotel near its Indianapolis flagship campus and build a training facility for simulating situations in acute care.
Visit Indy projects the launch of the Combine’s first fan activity zone will increase the 30-year-old event’s economic impact 25 percent, to a total of some $10 million.
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.
Noblesville laid the groundwork for the campus in 2002. When East 146th Street opened in 2007, city leaders believed it would take 20 years for the area to build out. But it’s happening much faster.
At a time when revenue from its work horse—a casino that opened in late 2006—remains unpredictable, French Lick Resort is rolling the dice on a new strategy: one built on pursuing group sales to increase bookings at the resort and build exposure that will bring guests back for leisure visits. It’s already paying dividends.
Ratio Architects is designing the project for Hilton as part of a redevelopment of One Jackson Place, a 93-year-old former hotel near Union Station.
City officials could create a committee to examine the impact of online lodging services. Carmel has come out against them, and state legislators are weighing a bill prohibiting cities from banning them.
Visitors to Indianapolis continue to boost the region’s economy with new levels of spending, according to a study unveiled Tuesday at Visit Indy’s annual meeting at the Indiana Convention Center.
Called Tapestry, the brand is designed to jump on the bandwagon for individualized and upscale hotels with distinctive local features.
Through November, downtown Indianapolis hotels saw their revenue increase 8 percent over the same period a year ago, far ahead of the national average of 4.9 percent.
The 2018 ECHL All-Star Classic and Skills Competition is scheduled for Jan. 15 at Indiana Farmers Coliseum and will be hosted by the Indy Fuel.
The city announced Tuesday that it sent letters to residents who rent out their homes on Airbnb, notifying them that they are in violation of city zoning laws and demanding they cease operations.
Visitors spent nearly $681 million in the county in 2015, with most of the dollars used for food and beverages. That’s a 12 percent boost over 2014, nearly double the increase for the overall metro area.
The number of hotel rooms Visit Indy booked into future years took a tumble in 2016 to the lowest level since 2013. But local tourism and hotel officials aren’t overly concerned.
The firm has purchased One Jackson Square and is in discussions to brand it a Canopy by Hilton. The fate of first-floor restaurant tenant Ike & Jonesy’s has yet to be determined.