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Taylor Swift’s Indianapolis Eras Tour shows drive record hotel, short-term rental demand

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Taylor Swift’s Indianapolis Eras Tour shows drive record hotel, short-term rental demand


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Four months out from the final concerts of Taylor Swift’s The Eras Tour, short-term rentals and hotel vacancies are nearly booked for her stop in Indianapolis at the start of November, as out-of-town fans comprise the majority of ticket holders.

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In the midst of a potentially record-breaking year for the city’s tourism, Indianapolis hotels and short-term rentals have had extremely high demand throughout the year because of large one-off events such as the NBA All-Star Game in February, the total solar eclipse in April and the Olympic Swim Trials in June.

But no event in 2024 will bring as many visitors to Indy as the hundreds of thousands of Swifties, who will descend upon the city in November for three nights of sold-out shows at Lucas Oil Stadium.

Hotel rooms across the city are virtually sold out for that weekend at prices three times higher than those in 2023, said Chris Gahl, executive vice president of Visit Indy.

“We know 87% of those clutching a ticket to step inside Lucas Oil Stadium for the concerts are from outside the [metropolitan area,] another strong tourism indicator,” Gahl said.

Short-term rental bookings are up 207% compared to last year during the same weekend, Gahl said.

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The Circle City has seen a 7,000% surge in searches year-over-year for Airbnb short-term rentals during the first weekend in November, according to an Airbnb report on the impact of Swift’s concerts. In comparison, Airbnb recorded a 2,000% surge in Indianapolis for the solar eclipse.

Search surges give an idea of how many people are considering a trip to a city during a specific date range. Airbnb does not track booking or occupancy rates due to a potential influx of supply as dates get closer. Plus, most short-term rentals can be cancelled just a few days before a stay.

How it happened: Indianapolis lands Taylor Swift second Eras swing in 2024

The statistics show the strength of Swiftie “passion tourism” that drives fans to travel to great lengths to see their favorite performer. Thousands of Americans have traveled to see Swift play in Europe, where tickets tend to be cheaper and more accessible, said Haven Thorn, a spokesperson for Airbnb.

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“These are folks that are more interested in the ‘what’ than the ‘where,’ and they’re traveling for Taylor Swift,” Thorn said. “And Americans accounted for more than a third of all the bookings on Airbnb in Europe during her tour.”

All three of Swift’s Indianapolis shows at Lucas Oil, which can hold nearly 70,000 people, sold out almost immediately, meaning upwards of 200,000 fans will be in attendance over the course of the weekend for Swift’s last concert in the United States.

Indianapolis’ search surge is 14 times higher than it has been for rentals in Miami, which saw a 500 percent increase in searches during the weekend Swift will perform in October and twice as high as the surge for the final 2024 dates in Vancouver.

Hotel rooms going for more than $500 a night for Swift concert weekend

The frenzy of visitors booking stays for the concerts has created headaches for even the most meticulously planned trips by Swifties.

Gracie Smith already saw Taylor Swift live last year and the 25-year-old from Atlanta knew she had to see Swift again when she announced more U.S. stops at the end of 2024.

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After persuading her sister, cousin and aunt to accompany her to Indianapolis, Smith searched for hotels that were close enough to walk to the stadium, as the group would not have a car over the weekend, and eventually settled on a room at the Sheraton downtown. They booked it for $457 per night, more than Smith’s initial budget.

Then in January, the group’s room was spontaneously cancelled and a review of bank statements showed no charge was ever attempted for the room.

Scrambling, Smith and her relatives called the hotel every day for a month in search of an explanation. Eventually, Marriott offered them a room at another Marriott-owned hotel, the Courtyard Marriott near Victory Field.

Their new room was roughly $120 more per night, making their nightly hotel cost almost $600. Smith said she has seen firsthand how prices to see Swift have soared since her last tour in 2018, when Smith traveled to Dallas for a concert.

“We thought that it was expensive in 2018, but now we look back at it and think ‘Dang, we really should have taken advantage of it,” she said.

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Indiana Airbnbs: Whether you’re bringing a date or book, these cozy Indiana Airbnbs could be right for you

How much would going to a Taylor Swift concert cost?

Any out-of-town fans scoring last minute tickets and travel will face limited options and hefty prices for lodging, though there is still some availability.

On Tuesday, Airbnb search results showed the cheapest price for a two-night stay that November weekend at $188 for a private room in a residence and more than $400 for an entire unit in or near Indianapolis.

Meanwhile, the cheapest hotel room for two people is more than $500 per night after fees, based on prices pulled from an Expedia search on Tuesday.

Currently, the cheapest concert tickets are at least $2,000 apiece on ticket resale sites.

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Alysa Guffey covers retail growth and development as well as the economy for IndyStar. Contact her at amguffey@gannett.com. Follow her on X: @AlysaGuffeyNews



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Indianapolis, IN

1 critical after shooting on near east side of Indianapolis

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1 critical after shooting on near east side of Indianapolis


INDIANAPOLIS — One person is in critical condition following a shooting on Indy’s near east side.

According to the Indianapolis Metropolitan Police Department, around 8:10 p.m., officers were called to the 2000 block of East Washington Street on reports of a person shot.

Officers are investigating the scene of a shooting on East Washington Street, captured by a FOX59/CBS4 crew.

Upon arrival, police located a 50-year-old man with injuries consistent with a gunshot wound.

He is currently reported to be in extremely critical condition.

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No additional information has been made available at the time of this article’s publication.

This is a developing story; check back for updates.



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Indianapolis, IN

Indiana regulators approve $71 million rate increase for AES

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Indiana regulators approve  million rate increase for AES


The Indiana Utility Regulatory Commission on June 17 gave AES the nod to raise electricity rates enough to earn an additional $71 million each year, a decision that drew reproof from Indiana lawmakers who called it another blow to cost-burdened consumers. 

The approved rate represents less than half of the $192 million increase that AES initially requested.  It’s also less than the $91 million increase proposed in an October settlement agreement between AES, the city of Indianapolis and major electricity consumers like Kroger and Walmart. 

But the new rate is still significantly more than what the Indiana Office of Utility Consumer Counselor, the state agency representing ratepayers in the case, recommended in September. The OUCC’s proposal would have capped AES’s annual operating revenue at $21 million less than the current level. 

The rate increase authorizes AES to earn a total of nearly $2 billion each year, or an estimated $384 million in profit.

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The higher base rate comes as a double whammy for Indianapolis-area households, who are already paying more for electricity this summer after AES temporarily raised rates to account for higher-than-anticipated fuel costs during last winter’s storms. The increase also arrives against the backdrop of inflation, which rose to a three-year high last month, and surging gas prices due to the war in Iran. 

Gov. Mike Braun wrote in a Wednesday post to X that he was “deeply disappointed” by the IURC’s approval of the rate increase. 

“Hoosiers have spent years tightening their belts and making tough financial decisions,” Braun wrote. “It’s time for utility companies to do the same.” 

The IURC’s decision also drew fire from the other side of the aisle. In a June 17 news release, five Democrats representing Indianapolis in the state Senate – J.D. Ford, Andrea Hunley, La Keisha Jackson, Fady Qaddoura, and Greg Taylor – chastised Indiana’s Republican supermajority for failing to rein in rising utility costs. 

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“Hoosiers pay more. Monopoly utilities collect more. And the leaders in the super-majority who promise affordability over and over again show those are just empty words,” the news release said. “Instead, they continue to defend a system that takes more and more out of our paychecks.” 

The consumer advocacy group Citizens Action Coalition also slammed the rate increase. Ben Inskeep, CAC’s program director, said the decision left him “less optimistic that this commission is willing to do things differently and to actually hold utilities accountable.” 

He said the IURC should have penalized AES for issues that plagued customers after the utility updated its billing system in 2023, including duplicated withdrawals for the same monthly bill. 

The rate increase will take effect in two phases, with rates going up in July 2026 and January 2027. AES officials anticipate the hikes “will be less than $5 per month per phase” for a household that uses 1,000 kilowatt hours of electricity per month, according to a Wednesday news release from the utility. 

“The IURC’s decision reflects a thorough, transparent process and balances the need for continued investment in the electric system with a focus on customer affordability,” the news release stated. 

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Under a state law that Braun signed in February, AES cannot ask for another increase to its base rate until January 2030 — though electricity bills could still go up for other reasons, like the fuel adjustment charge hitting consumers this month. 

Three members of the five-member IURC signed off on the rate increase: Andy Zay, David Veleta, and David Ziegner. Commissioner Bob Deig dissented. Commissioner Anthony Swinger recused himself from the decision because he worked on the AES rate case for the OUCC before he was appointed to the IURC by Braun in January. 

“None of this was taken lightly,” Zay, the IURC’s chair, said at the Wednesday hearing, adding that the commission and its staff had carefully weighed concerns about affordability. The commissioners did not go into further detail at the hearing. 

But the commission’s order shows some of the debates that played out during the rate case. One point of contention was AES’s authorized return on equity — that is, how much the utility can earn each year in profits. Other disputes hinged on how AES forecasts its operating expenses. 

The OUCC accused AES of including more than 100 “phantom hires,” vacant positions it did not necessarily intend to fill in its calculations. Last year, AES said that the rising costs of vegetation management, or trimming trees around power lines, also drove the need to raise rates. The OUCC recommended keeping vegetation management costs flat. 

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One factor that’s not driving higher prices? Data centers. 

AES does not currently provide service to any data centers and did not include them in its calculations, AES president Brandi Davis-Handy said in testimony before the IURC. 

Tilly Robinson is a Pulliam fellow for the Indianapolis Star. She can be reached at tilly.robinson@indystar.com.



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Indianapolis, IN

Tornado watch, issued for 47 counties, includes Indianapolis area

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Tornado watch, issued for 47 counties, includes Indianapolis area


Interactive radar | Weather alerts by county

WATCH LIVE COVERAGE

(WRTV) — A tornado watch has been issued through 1 a.m. EDT Thursday for much of Indiana, the National Weather Service’s Storm Prediction Center said.

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The watch area covers 47 of Indiana’s 92 counties, and includes Indianapolis and its surrounding counties.

Counties in the watch area are Bartholomew, Blackford, Boone, Brown, Carroll, Cass, Clay, Clinton, Daviess, Decatur, Delaware, Fountain, Grant, Greene, Hamilton, Hancock, Hendricks, Henry, Howard, Huntington, Jackson, Jay, Jennings, Johnson, Knox, Lawrence, Madison, Marion, Martin, Miami, Monroe, Montgomery, Morgan, Owen, Parke, Putnam, Randolph, Rush, Shelby, Sullivan, Tippecanoe, Tipton, Vermillion, Vigo, Wabash, Warren, and White.

WRTV Meteorologist Ryan Morse says Wednesday afternoon’s rain was the first of two rounds coming to the Hoosier state. A line of supercells were expected to form in Illinois and travel into central Indiana.

In neighboring Illinois, dozens of counties are under a tornado watch until 10 p.m. CDT/11 p.m. EST.

All threats of severe weather were on the table: damaging wind, strong tornadoes, large hail, and flooding.

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Severe storms should exit Indiana in the early morning hours.

WISH-TV Meteorologist Keith Gibson says people should have multiple ways of getting alerts and have electronic devices fully charged in case they lose power.

The next chance for rain after these storms could be on Saturday.





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