hotel indigo

Downtown Nashville's Hotel Indigo Files Chapter 11

Bad news for one of Nashville's two Hotel Indigo properties. The Tennessean is reporting a default on a $17.5 million loan on the property for the Hotel Indigo on Union Street in downtown Nashville, Tennessee. The hotel property's owner, 315 Union Street Holdings LLC., and the owner of the hotel business itself, Union Street Plaza Operations LLC, each filed separate Chapter 11 petitions in U.S. Bankruptcy Court in Nashville last week. They listed total combined debts of about $25.6 million against assets of about $14.1 million, which takes into account the $13.1 million value of the real estate. The article states that Branch Banking & Trust of Atlanta holds the $17.5 million loan and seeks to foreclose on the property.

Mark Lineberry, the president and majority stockholder of the two companies, said that the Chapter 11 filing was an effort to hold off foreclosure and work toward a possible restructuring. As is usual in these types of cases, the hotel remains open for business. Lineberry told the Tennessean that the hotel is doing well and making money. The other local Hotel Indigo, on West End Avenue, is not affected.

The Hotel Indigo on Union Street opened last fall in two historic buildings, 301 Union and 315 Union, which were combined. The 301 Union structure, built in 1909, was originally the American Trust Building; the other, built in 1926, was the Nashville Trust Co.

Tags: chapter 11, hotel indigo, hotels in trouble, nashville

InterContinental Launches Luxury Boutique Brand in Asia-Pacific

by Carrie Coolidge (RSS feed) —

Filed under: Luxury Travel & Hotels

InterContinental Hotels Group (IHC) has opened a Hotel Indigo, its upscale boutique brand, in downtown Shanghai, China.

"The decision to introduce Hotel Indigo into China demonstrates our commitment to the booming hotel industry here while taking our leadership position to the next level," says Keith Barr, managing director of IHG Greater China.

Hotel Indigo Shanghai on the Bund, is first Hotel Indigo to open thus far in the region. Centrally located at the southern end of the Bund, sitting directly on the Huangpu River front, Hotel Indigo offers a unique space that adds to the local neighborhood and culture in a creative, sustainable fashion. The 184-room property on waterfront property features spectacular views of the historic Bund, Yu Gardens and the ultra modern Pudong new area, all first-class dining, entertainment and shopping destinations.

Gallery: Hotel Indigo opens in Shanghai

Tags: boutique hotel, China, Hotel Indigo, intercontinental, intercontinental hotels group, luxury hotels, Shanghai, travel

Continue reading “InterContinental Launches Luxury Boutique Brand in Asia-Pacific”

Natasha Bedingfield Launches Locals Know Best Hotel Indigo Contest

by Deidre Woollard (RSS feed) —

Filed under: Luxury Travel & Hotels

It seems like every time I turn on the television a commercial with a Natasha Bedingfield song is on. Now the singer/songwriter is working with Hotel Indigo on the new "Locals Know Best" Contest which launched earlier this month. The contest is centered around the idea of uncovering the best of America's neighborhoods. Visit the website at www.LocalsKnowBestContest.com and share your neighborhood knowledge on everything from the best restaurant to the perfect route for a morning run with a photo and 75 words or less (it's a bit like Yelp but with a prize as the incentive). Judging is based on quality of photo, expression of local knowledge, creativity/originality and appropriateness to contest theme. Four Grand Prize winners will win a VIP trip to New York City for two to meet Natasha Bedingfield and take in a special performance at Hotel Indigo's "Locals Know Best" event. The winners will also be featured in a Hotel Indigo advertisement in People magazine. Three of the Grand Prize winners will be chosen by entering online and one Grand Prize winner will be chosen from the live auditions. Bedingfield will also serve as a judge. The first audition was today, July 15, in Atlanta and will followed by events at Hotel Indigo properties across the country, including Nashville Downtown on July 22 and San Diego on July 27. "I love finding out what's unique and special about each city I travel to. Whether it's a great boutique shop or a cool place to hear live music, being exposed to new and different experiences that reflect the local community really brings a destination to life," said Bedingfield in a press release. "I am excited to partner with Hotel Indigo to find out some of the best neighborhood spots around the country and meet the locals that know best."

The neighborhood knowledge gathered as part of the contest will be shared with Hotel Indigo guests as local recommendations direct from the local community to help enhance their stay experience.

Tags: hotel indigo, locals know best, natasha bedingfield