INDIANAPOLIS-BASED MHG HOTELS recently acquired Homewood Suites by Hilton Indianapolis Downtown, its first purchase of 2025. The 92-suite property, located in the historic Weber Building, serves extended-stay guests.
MHG Hotels is led by Sanjay Patel as president and CEO.
“This acquisition aligns with our vision to invest in properties that reflect MHG’s commitment to quality,” Patel said. “With its downtown location and Hilton’s trusted brand, this hotel is a strong addition to our portfolio. We look forward to enhancing guest experiences and supporting growth in the Indianapolis market.”
The hotel is near Lucas Oil Stadium, Gainbridge Fieldhouse and the Indiana Convention Center. Amenities include an indoor pool, fitness center, and event spaces, MHG said in a statement.
Andrew Quinto, MHG’s chief operating officer, said the acquisition demonstrates the company’s commitment to growth in hospitality.
“The Homewood Suites Indianapolis Downtown blends historic charm with modern amenities,” he said. “We’re excited to continue delivering great guest experiences while maintaining the property’s unique character.”
Founded more than two decades ago, MHG Hotels focuses on property development, construction, management, and investment, the statement said. Its portfolio includes brands such as Hilton, Marriott, IHG, and Choice Hotels.
In August, MHG acquired Homewood Suites Bloomington in Indiana, following the purchase of Hampton Inn Boca Raton in Florida. It also acquired Courtyard West Palm Beach Airport in November 2023.
