RLJ Opens Hotel Indigo in New Orleans
Friday December 28th, 2012 - 9:55AM
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
BETHESDA, MD—RLJ Lodging Trust, located here, has opened the Hotel Indigo New Orleans Garden District, completing the seventh and final conversion in its 2011-2012 capital program.
Formerly an independent hotel, the 132-room property was closed in 2008. RLJ purchased it in 2010 for $6.4 million, executed a $16.9-million renovation plan and reopened it under the Hotel Indigo flag.
The hotel’s design features locally inspired murals, decorative ironwork and reclaimed wood ceilings.
Tags: Hospitality Construction/Renovation
The most recent NYU Conference, earlier this month proved, once and for all, that the lodging industry has finally turned the corner and happy days are, indeed, here again. While the economists and pundits all provided plenty of anecdotal evidence to bear that out in terms of supply and demand ratios, RevPAR projections, asset values and all the other metrics, that’s not what has me convinced.