Wednesday, September 23, 2026 Hotel Times Markets, development and the deal wire
Hotel Times · Lead story

IHG Commits 2,000 Keys to One Australian Developer

IHG signed a master development agreement with ALAND for at least 15 Staybridge Suites hotels and 2,000 rooms in Australia, with 242 rooms signed so far.

swift Sep 23, 2026

Markets

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People

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Events

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ASHA 2026: 27 Hotels, $169 to $300, No Cut-off

The ASHA Convention block for November 19 to 21 holds 27 Indianapolis hotels with single rates from $169 to $300. The rate sheet is dated 9/10/26, carries no cut-off date, and the shuttle window opens on the first convention day.

Sep 23

Construction & Development

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Illinois Building: A Rooftop Floor and the Dates the Rooms Sell

Keystone Group's $120 million restoration of the 1926 Illinois Building added a rooftop floor and produced the 170-room InterContinental Indianapolis. The capital path ran from $101 million to $110 million, and the rooms began selling on February 20, 2025 from $287 a night.

Sep 23

Management Companies

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