Remington Hospitality has added the Sheraton Indianapolis City Centre to its third-party managed portfolio. The landmark downtown Indianapolis hotel is undergoing a renovation and repositioning that will transform the property into the Renaissance Indianapolis.
Located on Monument Circle, the 378-room property features extensive meeting and event space, a rooftop pool overlooking downtown Indianapolis, onsite dining outlets and access to the Indiana Convention Center, Lucas Oil Stadium and the city’s business and entertainment districts.
“This is the type of opportunity that aligns exceptionally well with Remington’s strengths,” said Ben Perelmuter, president, Remington Hospitality. “The combination of a landmark location, significant reinvestment and an experienced ownership group creates a strong foundation for success. We look forward to working alongside owner Keystone Group to enhance the guest experience, support the property’s evolution and drive meaningful results for the asset over the long term.”
The property was recently acquired by Keystone Group, which announced plans for a multi-phase renovation and repositioning into the Renaissance Indianapolis. The transformation will include redesigned guestrooms and suites, enhanced meeting and event spaces, a reimagined rooftop pool experience, new food-and-beverage concepts, improvements to the property’s parking facilities and upgrades to the public areas. The hotel is expected to remain operational throughout the renovation and rebranding.
