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Indianapolis–Carmel–Anderson MSA

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Midwest·Destination dashboard

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Signals

none yet
No cited market signals yet.

History

Airport passengersJul 2026: 475.8K passengers, +0.9% YoY

Passengers boarding flights (enplanements), all carriers, at Indianapolis, IN: Indianapolis International (IND).

Last 13 months
MonthPassengersYoY
Jul 2026475,755+0.9%
Jun 2026474,290−2.4%
May 2026468,691−4.0%
Apr 2026422,521+5.4%
Mar 2026482,212−0.0%
Feb 2026353,479+2.9%
Jan 2026332,438+1.2%
Dec 2025433,704−1.7%
Nov 2025397,315−5.0%
Oct 2025516,209+8.7%
Sep 2025407,849+2.6%
Aug 2025423,628+4.4%
Jul 2025471,502+1.8%
Show yearly (2015–2025)
YearPassengersYoY
20255,179,696+0.5%
20245,153,955+8.2%
20234,764,189+13.7%
20224,190,793+21.1%
20213,461,196+73.3%
20201,997,159−57.4%
20194,683,917+1.1%
20184,632,559+7.2%
20174,319,798+3.0%
20164,192,126+8.3%
20153,870,101—
Lodging jobs & wages2023 (latest; BLS withheld 2024): 7,715 jobs, +5.4% YoY

Accommodation (NAICS 721), private sector, Metro area (BLS area code C2690). Employment and wages at hotels and other lodging, a public proxy for lodging activity. Not occupancy, ADR or RevPAR. Each market uses one industry level across all years shown.

Latest years
YearJobsYoYWagesEstab.
20237,715+5.4%$287.7M385
20227,318—$256.3M383
20205,668—$162.4M383
Show yearly (2015–2023)
YearJobsYoYWagesEstab.
20237,715+5.4%$287.7M385
20227,318—$256.3M383
20205,668—$162.4M383
20188,361−1.8%$216.2M354
20178,517—$212.8M352
20158,506—$201.3M340

Per-year files: 2023 ↗ · 2022 ↗ · 2020 ↗ · 2018 ↗ · 2017 ↗ · 2015 ↗

Sources: U.S. Bureau of Transportation Statistics, T-100 via TranStats (Passengers data element) ↗, airports IND, Jan 2015–Jul 2026, accessed 2026-11-04. BTS publishes T-100 airport data about three months after the month ends; the latest month here is the newest BTS had posted when accessed. U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages ↗, annual averages, accessed 2026-11-04; withheld years left out.

Assets

none yet
No cited assets yet for this destination. Underwrite by submarket and product class — MSA averages are not a substitute for a competitive set.

Who owns here

4 REIT-owned hotels · INN, RLJ

Recorded REIT transactions (comps)

From REIT filings; this list may be incomplete.

  • Sheraton Indianapolis City Centre HotelMay 21, 2026 · sold by AHT · 378 rooms$32.1Mfiling ↗
  • SpringHill SuitesMar 19, 2025 · sold by APLE · 130 roomsprice not disclosedfiling ↗
SourceREIT property schedules and transaction disclosures in SEC filings sec.gov ↗All hotel REITs

Linked findings

No radar findings for this market yet.