Month: October 2019

Big news for Jack Entertainment! Published by: Rich Exner/ Published date: October 2019 CLEVELAND, Ohio – Dan Gilbert’s JACK Entertainment announced Monday an $843 million sale/leaseback deal with VICI Properties real estate trust for JACK’s downtown Cleveland casino and suburban Thistledown Racino. Both properties will continue to operate under the JACK name. VICI Properties’ portfolio

In an insightful article, Hotel News Now explores how hoteliers are turning to some new sources in a tight labor market to find talent. H&LA’s David Sangree is quoted in the article as well, citing trends gaining traction in recruitment and referrals for employees. Published by: Laura Koss-Feder/Hotel News Now Published date: October 2019 As

Congrats to our client, Baha Mar Resort, on the news of their $300 million expansion that will include a waterpark. We wish everyone at Baha Mar much success in the expansion of the resort and look forward to seeing the finished product! Published by: Published date: October 2019 Baha Mar resort complex in the

H&LA’s recent research for a project in Newport, Kentucky revealed some exciting new hospitality-related developments happening in the area. These developments will have a major impact on tourism, employment, and the general economy in the Newport area in 2019 and beyond. In 2018, the Newport on the Levee retail/entertainment complex was sold to Cincinnati-based North

H&LA’s David Sangree gave some great insight on the waterpark industry for an article in the Chicago Tribune about Blackstone Real Estate Partners IX, an affiliate of Blackstone Group, acquiring a 65% stake in the waterpark operator from owner Centerbridge Partners. Together, they will create a $2.9 billion joint venture to own Great Wolf Resorts.

Published by: The Real Deal Real Estate News Staff Published date: October 2019 CoStar Group, the $22 billion giant most known for its data on office and retail properties, is making a big push into the hotel industry by acquiring one that industry’s largest research and analytics firms. CoStar has agreed to acquire Tennessee-based STR in a