Heidi Banak

With hotel rates soaring, there is some evidence that leisure travelers are feeling the strain and pulling back on vacation spending. As reported by Hotel News Now, guests are looking to “trade down,” or compromise part of a trip to save costs. In many cases, that can mean a change in traditional hotel accommodations for

H&LA’s Vice President, Anne Gompel, MAI will be attending the annual Georgia Lodging Forecast.   This event is hosted by The Cornell Hotel Society and Georgia Hotel & Lodging Association and is an information-packed program highlighting the latest industry trends and data specifically for Georgia’s lodging market. The event takes place on  Thursday, Sept. 7 at

Reporting from the Hotel Data Conference in Nashville, Hotel News Now provided some insight into hoteliers’ thoughts on the lingering concerns of a recession as industry performance metrics continue to show improvement across the board. Published by: Robert McCune, Bryan Wroten, Dana Miller and Trevor Simpson/Hotel News Now Published date: August 2023 NASHVILLE, Tennessee —

Congratulations to our client on their renewed plans for a private campground inside the Cuyahoga Valley National Park. H&LA was pleased to work with the Schoen family on the feasibility study for this project. We look forward to seeing all come together! Published by: Cleveland.com/Susan Glaser Published Date: June 2023 You can hike throughout Cuyahoga

Lending markets are tightening for hotel developers, according to this Reuters article, which is causing many projects to get delayed in 2023. Published by: Reuters/Bianca Flowers and Priyamvada Published date: June, 2023 June 5 (Reuters) – (This June 5 story has been corrected after an official revision to change the number of total hotel projects that have

It was great to get all the H&LA staff in one place for our spring retreat in May to talk about marketing and business development! We also welcomed our new Vice President, Anne Gompel, an MAI appraiser with many years of experience in the hospitality industry. We are truly lucky to have an amazing staff

Congratulations to our client, Roaring Springs Waterpark, on their recent expansion! The park will open May 31st with the opening of three new attractions, Critter Crossing, a floating beaver, log and fish-shaped feature that guests can traverse using an overhead ropes course; Camp IdaH2O, a kids’ lagoon that features a 1,500-pound potato-shaped “Tippin’ Tater”; and

While the project remains on hold, the Mall of America has released renderings of the potential waterpark that is still being considered at the site in conjunction with the City of Bloomington. Though construction costs and financing have presented challenges to the project, both the city and officials from Mall of America a still committed

H&LA’s recent research for a project near Panama City Beach, Florida revealed some interesting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Panama City Beach and the surrounding areas in 2023 and beyond. In 2019, the new Panama City Beach Sports Complex

The master plan for the former six Flags in New Orleans had been made public. The the 200-acre Bayou Pheonix development will offer 30 acres of athletic fields, eight NBA-level hardwood courts, an indoor and outdoor water park, hotels, restaurants, a film studio, and retail. H&LA was honored to have a part in this project

A recent white paper from Placer.ai, a location analytics company specializing in visitation trends, indicates that U.S. casino visitation was up in 2021 and 2022 compared to 2020, but still lagged behind the numbers achieved in 2019. Possible reasons include the rise of online poker, online sports betting, and the continued slump in domestic air

H&LA Senior Associate Adam Zarczynski weighed in with Hotel News Now the growing popularity of pickleball and how hotels and resorts are looking to capitalize on it to seek new revenue opportunities. Published by: Laura Koss-Feder/Hotel News Now Published date: March 2023 What started several years ago as a game with a funny-sounding name has

Published by: Maria Guerrero/NBCDFW Published: March 2023 The theme park, which would be built by the parent company of NBC 5, would be located off the Dallas North Tollway and Panther Creek Parkway. The proposed park has been the subject of several public meetings and even some pushback from concerned residents including folks who live just down

H&LA’s recent research for a project near Omaha, Nebraska revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Omaha and the surrounding areas in 2023 and beyond. A new $150 million gaming and entertainment attraction called Belle Vue Downs is

H&LA’s recent research for a project in Syracuse, New York revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Syracuse and the surrounding areas in 2022 and beyond. Plans for a new $85 million aquarium at the Syracuse Inner Harbor