Hotel & Leisure Advisors completes Market & Financial Feasibility Studies, Appraisals, Economic Impact Studies, and Impact Analyses for hospitality properties. Lenders, developers, investors, and property owners utilize H&LA for all of their financial feasibility and appraisal needs.

For our clients who need assistance in analyzing operations and management of hospitality properties, we offer Operational Analysis and Review and RFP Preparation and Solicitation consulting services. Learn how these services assist owners and operators with improving property operations or assisting client in finding developers or management companies for their properties.

Clients often need assistance at a trial or hearing concerning the value of a proposed or existing property. H&LA offers litigation support and expert witness testimony to support our clients through the trial or hearing process. Learn how H&LA is available to testify at any state or federal court, Board of Revision, Board of Tax Appeal, zoning hearing, other legal proceeding concerning hospitality properties.


Hotel & Leisure Advisors is proud to celebrate 20 years of delivering expert hospitality consulting and appraisal services across the U.S., Canada, and the Caribbean. Since 2005, we have advised on thousands of hotel, resort, waterpark, and leisure real estate projects, helping clients make informed, strategic decisions. This milestone reflects not only the trust of our clients and partners but also the dedication, expertise, and hard work of our exceptional H&LA team. With much gratitude and excitement, we look forward to many more years of insight and impact in the hospitality industry.
Featured Publications
Waterpark Industry Poised to Grow and Innovate in 2025
April 9, 2025
By: David J. Sangree, MAI, ISHC In 2024, waterpark owners and operators continued to face a highly competitive market as new development continues across many regions in the U.S. and Canada. While the growth in total waterpark square footage in 2024 was less than 2023, 2024 saw more new guestrooms developed. Waterparks continue to face
READ MOREOur Company
Hotel & Leisure Advisors is a hospitality consulting firm specializing in appraisals, feasibility studies, operational reviews, impact analyses, economic impact studies, and litigation support for hotels, resorts, waterparks, casinos, conference and convention centers, amusement parks, golf courses, ski resorts, and other leisure real estate.
Our experienced consultants travel nationwide analyzing hospitality trends, studying leisure industries, and understanding local communities. We focus on competitive markets and empower our clients to make sound decisions with data-driven analysis and insightful recommendations. Read More
Industry Conferences
Industry Conferences attended by H&LA consultants:
World Waterpark Association Conference
David Sangree and Kate Cheung are presenting at the 2025 WWA conference Development and Expansion Workshop with a presentation on the trends and developments in the waterpark industry for 2025 and beyond.
IAAPA Attractions Expo
David Sangree is presenting at the 2025 IAAPA Expo in a session titled: Understanding the Data: A Breakdown of Attractions Industry Visitor Trends. This session will present historical visitation data for the top parks in the waterpark, waterpark resort, amusement park, and FEC segments of the industry as provided by Placer.ai.
Surf Park Summit
NYU International Hospitality Investment Conference
ISHC Annual Conference
Hunter Hotel Conference
Hotel Ezra Cornell at Cornell University’s Nolan School of Hotel Administration