Market analysis
Market Pulse: Indianapolis Hotel Market Analysis
Jai B. Patel and Justin Kaminski co-authored a 2017 analysis of Indianapolis hotel demand, new supply, and market performance.

Economic drivers and lodging demand
Published by Hotel Online on November 10, 2017, this HVS Market Pulse report was co-authored by Jai B. Patel and Justin Kaminski. It examined Indianapolis’s economic base and the roles of corporate activity, conventions, sports, and leisure travel in hotel demand.
Hotel supply and performance
The report reviewed downtown development, hotel inventory, construction activity, and operating trends. It connected demand generators with the competitive implications of new supply.
Earlier career research
This publication predates Vivid Capital’s founding in 2020 and represents Patel’s earlier work with HVS. Its figures and outlook refer to 2017 conditions. Read the original analysis for the historical market data and methodology.
Original source
This page summarizes historical coverage. Read the complete story at Hotel Online / HVS .