Study Reveals Demand for New Downtown Hotel

City to send out request for proposals

Fort Wayne, Ind. – Mayor Graham Richard today released details of a recently completed hotel study. The study reveals that market demand will support the construction of an additional hotel in downtown Fort Wayne.

Mayor Richard also announced the City will send out request for proposals within the next month for the purpose of assessing the interest of hotel developers to build a new hotel.

“The results of this study are very important as we continue to improve our downtown,” said Mayor Richard. “I want to thank all of our partners for their participation as we work together to build a better city to attract more businesses and development downtown.”

C.H. Johnson Consulting, Inc. was hired by the Fort Wayne Redevelopment Commission to conduct the study. C.H. Johnson has given the City several recommendations for the type of hotel needed downtown.

- Category: mid-level to full service hotel
- Number of rooms: at least 300
- Possible amenities: 10 breakout rooms, 8,000 square foot grand ballroom, 5,000 square foot junior ballroom, two restaurants, pool, fitness center, coffee shop, gift shop, business center, parking for 300 cars, and two 1,000 square foot boardrooms
- Daily rate structure: $91-$101
- Site: adjacent to the Grand Wayne Center
- Demand sectors: groups and conventions (68%); corporate events (18%); leisure/visitors (14%)

C.H. Johnson determined the Grand Wayne Center and Allen County Public Library expansions will bring significant additional attendees and visitors to the downtown area. This will increase the demand for hotel space.

Posted by Admin at July 12, 2004 05:20 PM