Articles

ICVA: Stadium’s retractable roof worth the cost

Three music events with direct visitor spending estimated at $28 million that were hosted at Lucas Oil Stadium offer proof,
city officials said, that the expense of the retractable roof and other features of the $720 million facility are paying off.

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CIB OKs budget, but awaits council vote

Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.

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ICVA might take out loan to market city for conventions

The Indianapolis Convention & Visitors Association is so desperate for more marketing funding, the organization charged
with promoting the city as a convention and tourism destination is considering taking out a loan. While that
would be the last resort, ICVA CEO Don Welsh said it is one he will have to consider if the money can’t be raised through
local taxes.

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EDITORIAL: Partisan games plague council

The City-County Council wisely averted disaster for the Capital Improvement Board Aug. 10 by voting to raise the city’s
hotel tax from 9 percent to 10 percent, but the razor-thin vote was another disappointing case of elected officials making
decisions based on partisanship rather than good judgment.

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Small town, budget hotels hold own in difficult economy

While the local hotel industry is being rocked by the current economy, budget hotels and those in the small towns surrounding
Indianapolis are actually seeing gains. Properties affected by the Indianapolis 500, Brickyard 400 and Big Ten Tournament
are among the losers.

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Lawmakers cut state tourism office’s budget in half

Destinations throughout Indiana no longer can count on a state marketing campaign to help drive summer crowds. Lawmakers who
passed a budget during the special session at the end of June sliced the state’s annual contribution
to the Indiana Office of Tourism Management in half—from $4.8 million to $2.4 million.

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A new centerpiece for city’s convention strategy: medical, science groups

The Indianapolis Convention and Visitors Association is putting together an all-star corporate consortium to make the city
a hub for medical and life sciences conventions, meetings and trade shows. The ICVA began running the initiative
full-speed this year and already has signed deals to bring 40 medical meetings to Indianapolis through 2015, including annual
meetings for the American Association of Diabetes Educators in 2012 and the American College of Sports Medicine and American
Chemical Society in 2013.

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Earle Travel Co. perseveres despite flu scare, recession

Earle Travel Co. has been weathering challenges as the recession has deepened and H1N1 influenza spiked
earlier this year. Those problems have nearly capsized many travel agencies, but co-owner Kelly Shea said Earle’s business
slumped only 8 percent last year.

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Conrad Indianapolis adding wine bar, sidewalk dining

Plans are in the works for a wine bar called Tastings that would take the first-floor corner space at the Conrad Indianapolis.
The $1 million project would add an entrance to the luxury hotel at the northeast corner of Washington
and Illinois streets and include a total of 80 outdoor seats along both streets, in the shadow of the
Artsgarden.

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