INDIANAPOLIS
Executives of Davidson Hotels & Resorts and Silverpeak Real Estate Partners have announced that its joint venture has acquired the 499-room Hyatt Regency Indianapolis from Hyatt Hotels Corporation.
Davidson, which facilitated the transaction, will also operate the hotel, marking the ninth full-service Hyatt branded hotel the company has managed.
The hotel has undergone significant renovations since 2012, and Davidson plans further upgrades to the hotel’s guest rooms and lobby, as well as enhancements to food and beverage outlets and meeting spaces.
The property is convenient to such local attractions as the Children’s Museum of Indianapolis, Conner Prairie Interactive History Park and the Indianapolis Motor Speedway and just 10 miles from the Indianapolis International Airport.
Located at One South Capital Avenue in downtown Indianapolis, the 22-story hotel shares an atrium with the PNC Center and is connected via walkway to the Indianapolis Convention Center, Lucas Oil Stadium, Circle Center Mall and the Arts Garden.
The hotel offers more than 35,000 square feet of meeting space, an indoor pool, 24-hour Stay Fit gym and cardio center and bicycle rentals. The Hyatt also offers four dining options: One South, serving breakfast and lunch, Level One lounge, a full-service Starbucks (also operated by Davidson) and the rotating Eagles Nest rooftop restaurant.
