Marriotts Indianapolis hotel plans to stay in the city through the 2020-21 season despite being shuttered for several years due to a financial crisis.
The hotel will remain open for events and tours until the end of 2020-22, according to the hotel’s president, Jeff Wittek.
“We are committed to our community and our guests,” Witteck said.
Marriott has stayed in Indianapolis since it opened in 1979.
The hotel’s current occupancy rate is about 90 percent.
Witteksays the company plans to retain about 80 employees at the hotel, about 1,000 of whom will be based at the Hilton Indianapolis.
“It’s been an incredible five years,” Witek said.
“We’re extremely grateful to have the support of our community, especially our local and state leaders and business community.”
Marriott opened the Hilton in 2013.
It has more than 2,500 rooms, a full restaurant and a large bar, Wittekensaid.
The company’s decision to stay on the Indianapolis property will help it meet the needs of the city’s aging population and increase tourism, Witeksaid.
Marriotts plans to host two major events at the property, including the Indy 500 on Sunday.
The Hilton has also committed to hosting the Indianapolis Motor Speedway.