Art hotels seeing payoff from galleries
Will hotel guests pay more to sleep under a Picasso or eat inside a piece of art posing as a bamboo hut? Some hoteliers say they already are.
Will hotel guests pay more to sleep under a Picasso or eat inside a piece of art posing as a bamboo hut? Some hoteliers say they already are.
What should we expect if plans go through for the conversion and expansion of the former city hall and state museum into a 21c Museum Hotel? Judging from a recent trip to the flagship 21c in Louisville, the answer is: an expansive venue housing a mind-expanding array of 21st century work. Also, an anchor for the downtown art scene. Plus, a top-tier (and free) tourist attraction.
Construction on the 125-room hotel, part of PK Partners’ $80 million mixed-use development, should start later this year with an opening in 2016.
The project, which would add a modern 150-room hotel to the historic downtown building, also hinges on approval of an $11.3 million federal loan through the U.S. Department of Housing and Urban Development.
Louisville-based 21c Museum Hotels plans to build a hotel on a surface parking lot north of the old City Hall as part of a larger redevelopment of the property, real estate sources familiar with the deal said.
Expedia is buying rival online travel site Orbitz, adding to the stable of brands it has snapped up recently in order to extend its reach and keep pace in the fiercely competitive travel-booking industry.
The economic impact data from 2013 show travel and tourism supports more than 187,000 jobs in Indiana and contributes $10.3 billion in revenue.
The surge in the online matchmaker of travelers and hosts has local hospitality industry leaders complaining and scrambling to compete.
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.
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.
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.
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.
Jack DeBoer, a Kansas-based businessman known as the creator of the extended-stay hotel, is bringing his hotel/apartment hybrid to Indianapolis.
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.
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.
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.
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.
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.
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.
Community Health Network Foundation is closing the hotel in December to create room for more hospital development.