Indianapolis has more rooms under construction, as a percentage of the market’s existing inventory, than the 40 largest hotel markets. The nearly 2,800 rooms under construction represent almost 8% of the market’s existing inventory, while rooms under construction nationwide represent less than 3% of the industry’s total room inventory.
Pace of Hotel Construction in Indianapolis Fastest Among Large Markets
Publicly Financed 800-Room Hotel Under Construction in Indianapolis
By Daryl Cronk
CoStar Analytics
October 17, 2023 | 2:13 P.M.
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IN THIS ARTICLE
- Properties
- Hotel Nickel Plate Fishers, Tapestry
8651 116th St, Fishers, IN
- Signia by Hilton Indianapolis
Georgia and Illinois Street, Indianapolis, IN
- The Tallison Hotel, a Tribute Portfolio Hotel
10210 Pennsylvania Pky, Carmel, IN
- InterContinental Indianapolis
17 Market St, Indianapolis, IN
- The Wilshaw Indianapolis, Tapestry Collection
4801 16th St, Speedway, IN
- JW Marriott Indianapolis
10 West St, Indianapolis, IN