X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

INDIANAPOLIS-With its license with the Hampton name soon coming to expiration, officials of the former Hampton Inn hotel near the Indianapolis International Airport needed to negotiate future plans. However, when negotiations with Hampton fell through, the hotel owners had to devise a solution for the 131-room property.

“Through negotiations we found that continuing with them wasn’t in our best interest and so we went out looking for another brand,” hotel general manager Robert Kolpien tells GlobeSt.com. “With expansion of the Indianapolis Airport, Hampton was looking at getting newer hotel, and our owner and Hampton couldn’t come to an agreement.” Hotel operators turned to Ramada, the brand that will now oversee the lodge.

With the new banner, the hotel is undergoing a $250,000 renovation that will include the Ramada bedding package to all guestrooms and a convenience mart offering sundry items, as well as frozen and fresh food options. Kolpein says the new Ramada hotel will be the first hotel in the airport area to offer double queen rooms instead of full-size double bedded rooms.

The Ramada Indianapolis Airport is located one mile from the Indianapolis International Airport at 5601 Fortune Circle West. The hotel maintains an operating performance of 135% on the RevPar index. With room rates averaging $93.18 per night, the hotel services transient guest throughout the week and leisure travelers on the weekends.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.