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June 25, 2018

Ironworks Hotel Indy to Hold Planner Commission Steady at 10%

The Ironworks Hotel Indy in Indianapolis reports that it is holding commissions for meeting planners steady at 10 percent. 

The boutique hotel on the north side of Indianapolis has 120 guest rooms and three meeting and conference rooms, including the 700-square-foot Keystone room, the 250-square-foot Meridian room, and the 200-square-foot Chatham room. The hotel also has 15,000 square feet of street-level retail space, including restaurants from the city’s Cunningham Restaurant Group available for catering during any meeting.
For meetings and events, Ironworks Hotel offers complimentary Wi-Fi, breakout spaces, audio and video systems, and miscellaneous business services like printing, copying, and faxing.

The move comes following the decision by several major hotel groups to cut meeting planner commissions. Marriott International, Hilton Worldwide and InterContinental Hotels Group (IHG) have all announced plans to cut their commissions for third-party meeting planners from 10 percent to 7 percent at their respective properties in the United States and Canada. Marriott’s new policy went into effect March 31, with Hilton’s to follow October 1 and IHG on January 1, 2019. 

At the same time, others have either increased commissions or held them steady. Viejas Casino & Resort, a corporate meetings and events venue in Southern California, raised its commission on third-party bookings to 15 percent. Eden Roc Miami Beach, Nobu Hotel Miami Beach and Nobu Hotel Los Cabos have all increased their group commission from 10 percent to 12 percent on newly contracted groups that book a minimum of 10 rooms per night now through December 31, for travel anytime. Dream Hotel Group is likewise offering a 12 percent commission on qualified groups and meetings that are booked and actualized in 2018. Wyndham Hotel Group and Coast Hotels have both said that they will continue to hold commission levels steady at 10 percent. 


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