🌍 Market

Indianapolis hotel market

2 stories · First covered Mar 23, 2026 · Latest Mar 24
Related: Marriott International 2 JW Marriott 1 Institutional Knowledge 1 Per-key development costs 1 Convention Hotel Operations 1 internal promotion 1 White Lodging 1 JW Marriott Indianapolis 1 Phil Ray 1 Fernando Estala 1 Indianapolis Marriott Downtown 1 JW Marriott Austin 1
Indianapolis hotel market Coverage
$50M to Convert a Foreclosed Office Tower Into an AC by Marriott. Let's Do the Math.
Development
Mar 24

$50M to Convert a Foreclosed Office Tower Into an AC by Marriott. Let's Do the Math.

A foreclosed Art Deco office building on Indianapolis's Monument Circle just sold for $8 million and is headed for a $50 million conversion into a 175-room AC by Marriott. The per-key math tells one story, the tax abatement tells another, and the downtown supply pipeline tells a third that nobody's putting in the press release.

EV
Elena Voss 4 min read · Mar 24
A 1,013-Key GM Just Retired After 40 Years. The Replacement Plan Is the Real Story.
Operations
Mar 23

A 1,013-Key GM Just Retired After 40 Years. The Replacement Plan Is the Real Story.

White Lodging's succession at the largest hotel in Indianapolis looks textbook on the surface... internal promotion, deep market knowledge, smooth handoff. But if you're running a large-format property and your succession plan is "we'll figure it out when it happens," this is your wake-up call.

RP
Rav Patel 3 min read · Mar 23