David J. Sangree, MAI, CPA, ISHC
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
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,
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
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.
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
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
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.
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.
The waterpark industry is poised for growth in 2014. Read about the increases in supply and how the waterpark landscape will change in 2014.
Some full-service hotels are dropping room service, while others are maintaining the long-time amenity. Explore the cost and consumer impacts of this new trend.
Summary: Economic impact studies demonstrate the economic benefits and desirability of hospitality projects Government entities may provide financial incentives for a project when they are presented with its benefits Economic impact comes from both short term and long term effects Developers planning hospitality projects such as resorts and conference centers are often looking to local
As the popularity of waterparks continues to grow across North America, we have analyzed current and projected supply for 2013.
The importance of completing a feasibility study and market analysis for waterpark properties. With money on the line, developers need clear answers.
2012 waterpark season pass price points and incentives show that passes boost revenue and attendance at waterparks.