David J. Sangree, MAI, CPA, ISHC

Diving into waterpark growth trends in 2019

This article was first published in the April Edition of World Waterpark Magazine For the ever-growing waterpark industry, 2019 will be another year for robust growth as over $1 billion in investment is slated for indoor and outdoor waterparks and their related resorts. We project 21 municipal and private outdoor waterparks will open and three

Hotel Valuation Techniques

David J. Sangree, MAI, CPA, ISHC recently gave a presentation on hotel valuation techniques at the Institute for Professionals in Taxation annual Property Tax Symposium. David discussed the hotel valuation process, including the market analysis and all three approaches to valuing income producing properties: income approach, sales comparison approach, and the cost approach. David was joined

Methodology for Waterpark and Hotel Feasibility Studies

In a great presentation on waterpark and hotel feasibility methodology at the World Waterpark Association Annual Symposium and Tradeshow, David J. Sangree, MAI, CPA, ISHC laid out the basics about what to expect from a feasibility analysis and the steps taken to reach sound conclusions. David addressed the purpose of a feasibility analysis and the

Hotel Feasibility Study Methodology

A hotel feasibility study is generally required by the mortgage lender or investor before a developer or organization is able to move forward with constructing a new hotel. Typically completed by an independent third-party consultant who specializes in analyzing hotel projects, a feasibility study determines whether a proposed hotel development is economically feasible and if

The sentiment at the 2018 NYU Hotel Investment Conference was very positive for the industry with expectations of continued growth in the coming years. Among the wealth of relevant information from the conference, we identified several key takeaways that highlight the state of the industry in 2018 and beyond: Improved Performance: Occupancy and ADR will

Waterparks: What’s on Deck in 2018?

Introduction The waterpark industry continues to expand in North America, with more than $1 billion in new investment in indoor and outdoor waterparks and their related resorts in 2018. Nearly 60 expansions and new facilities will open in 2018. We project 14 municipal and eight private outdoor waterparks will open, outpacing 2017’s nine municipal and

Ohio and National Lodging Industry Overview: Statistics, Appraisal Issues, and New Supply

H&LA hotel appraisers, David Sangree, MAI; Laurel Keller, MAI; and Joseph Pierce, MAI attended Ohio Chapter of the Appraisal Institute’s 40th Annual Economic Seminar, a panel event with various members of the banking and appraisal related industries. David was a speaker at this years conference, with a presentation titled Ohio and National Lodging Industry Overview: Statistics, Appraisal Issues,

Waterpark and Resort Trends Across the Globe

At the 2017 World Waterpark Association Annual Symposium and Tradeshow, David Sangree gave a presentation highlighting new trends in waterpark and resorts in the U.S. and Canada. David emphasized trends in indoor and outdoor waterparks, as well as amusement parks. Several takeaways from his presentation include the following: The United States has the largest and

2017 Waterpark Forecast: Continued Growth

The waterpark industry continues to expand in North America, with more than $550 million worth of new investment in indoor and outdoor waterparks and their related resorts in 2016.

David J. Sangree and John Kelley attended the Hunter Hotel Investment Conference in Atlanta, Georgia last week. The conference attracted a record turnout with over 1,500 attendees.

Analyzing the Market for Economic Feasibility for Waterpark Projects

David Sangree discussed waterpark feasibility studies at the annual World Waterpark Association Symposium and Trade Show. David’s presentation focused on how to go about conducting hotel and waterpark feasibility studies. You can see his presentation by clicking on the link below. 2016-wwa-feasibility-presentation-sangree

Methodology of Waterpark Feasibility Studies

This article explains the major components of a waterpark feasibility study that should be analyzed as part of determining the potential success of a waterpark project.

Hotels & Waterpark Industry – Insights, Trends and Valuation Keys

David J. Sangree, MAI, gave a presentation on hotel appraisals and waterpark appraisals at the 2016 IRWA Appraisal Day seminar. Click the link below to see his presentation. 2016-irwa-appraisal-day-presentation

2016’s waterpark forecast: Bigger is better

The waterpark industry continues to expand in North America, with more than $500 million of new investment in indoor and outdoor waterparks and their related resorts in 2015.

2015 Waterpark Industry Update

The waterpark industry has shown continued growth in 2014 with increased numbers of indoor and outdoor waterparks being developed throughout the United States and Canada.