IBJ Podcast: Can Indy support its downtown hotel boom?

2018-09-24

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Indianapolis has about 2,800 new hotel rooms slated to come online downtown in the next five years. Some of those hotels — such as the 316-room Hyatt Place/Hyatt House project across from Bankers Life Fieldhouse — are under construction and nearing completion. Others — such as a long-discussed 800- to 1,000-room convention hotel — are only in the planning stages. If all are completed, those projects will add to the roughly 7,500 rooms already downtown. Can Indy support all that growth? ...

Indianapolis has about 2,800 new hotel rooms slated to come online downtown in the next five years.

Some of those hotels — such as the 316-room Hyatt Place/Hyatt House project across from Bankers Life Fieldhouse — are under construction and nearing completion. Others — such as a long-discussed 800- to 1,000-room convention hotel — are only in the planning stages.

If all are completed, those projects will add to the roughly 7,500 rooms already downtown.

Can Indy support all that growth? Host Mason King talks with Mark Eble, the managing director of CBRE Hotels Advisory and an expert on the hotel industry in the Midwest, to find out.

You can also read about Eble's view on the market and get more details about hotel growth in a story by Hayleigh Colombo in this week's IBJ.

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