Finance & DevelopmentFinanceIndianapolis Records Record Tourism Spending

Indianapolis Records Record Tourism Spending

INDIANAPOLIS–Visitors to Indianapolis have boosted the region’s economy with record spending for six consecutive years, according to research conducted by Rockport Analytics on behalf of Visit Indy, Indianapolis’ official destination marketing organization (DMO). A record 28.6 million visitors added $5.2 billion in economic impact into the city’s economy in 2016, the most recent full year data available.

“With record-setting growth and continued development, Indianapolis is well positioned to be the best in the country for meetings, conventions, and major events,” says Mayor Joe Hogsett. “Our city’s vibrant culture, unique neighborhoods, and critically acclaimed culinary, arts, and entertainment venues make Indy a one-of-a-kind destination. And thanks to the 80,000 hospitality employees who go above and beyond to deliver our city’s signature hospitality, Indianapolis is a place people want to keep coming back to.”

Visit Indy also reported another strong convention year and leisure tourism results for 2017.
Visit Indy booked 874,473 future group room-nights—which includes conventions, trade shows, meetings, and events—in 2017 for events which will occur as far out as 2028, worth about $1 billion in future visitor spending. It marks the fourth consecutive year booking more than 870,000 future group room-nights; prior to 2014, Visit Indy had never booked more than 815,000 future group room nights in a single year.

The number of “consumed” group room-nights–those that actually convened in 2017–set a new record with more than 836,600 room-nights in 2017, beating 2016’s record of 822,654 room-nights and 2012’s Super Bowl-fueled mark of 819,305 room-nights.

“Indy is on an unprecedented run of convention, sports, and tourism success, going back to the Indiana Convention Center expansion in 2011 and the Super Bowl in 2012,” says Leonard Hoops, president and CEO of Visit Indy. “We’ve become a 12-months-a-year travel destination, topping $5 billion in visitor economic impact for the first time. And we’re confident through our ongoing regional tourism master plan efforts, and our track record of steadfast support from elected and civic leaders over the past four decades, that our best is yet to come.”

In 2017, the DMO collaborated with the Indiana Sports Corp, Pacers Sports & Entertainment, Indianapolis Colts, and others to win the NBA All-Star Weekend (2021) and the College Football National Championship (2022). The city also secured first-time bookings from the American Society for Microbiology (2018), American Wind Energy Association (2021), Fraternal Order of Police Grand Lodge (2021), and Association for Professionals in Infection Control and Epidemiology (2022) extended Gen Con’s convention in Indy to 2022. In addition, the city’s DMO is working with the Indianapolis International Airport, the Indiana Economic Development Corp., and others to help secure the state’s first transatlantic non-stop flight, an Indy-to-Paris connection on Delta beginning in May 2018.

 

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