Heidi Banak

With the development of their new indoor waterpark resort in Mashantucket, officials from Great Wolf Resorts, Foxwoods Resort Casino and the Mashantucket Pequot Tribal Nation celebrated the “topping out” of the water park, slated to open in early 2025. The event marked the placement of the final beam of the exterior structure and the announcement

Published by: Cleveland.com/Susan Glaser Published date: January 2024 CLEVELAND, Ohio – Cleveland-area hotels have almost fully recovered from the pandemic, at least by one important metric – the percentage of rooms that are filled on an average day. Hotel occupancy rates in Greater Cleveland averaged 60.5% in 2023 – nearly identical to the 60.7% rate

David J. Sangree, MAI, CPA, ISHC and Stephen Szczgiel, CHIA attended the World Waterpark Association annual conference in New Orleans in October 2023. David and Stephen lead a session at the Waterpark Development and Design Workshop on how to perform a market feasibility study for a waterpark or waterpark resort. A copy of the presentation

David Sangree, Anne Gompel, and Adam Zarczynski are attending the International Association of Amusement Parks and Attractions Annual Expo from November 14-17 in Orlando. We’d love to hear from you! Visit H&LA at Booth 3042 in the Waterpark Pavilion area to discuss potential needs for market feasibility studies, appraisals, economic impact studies, or other consulting work. If you would like to

Our recent research for a project near Portland, Oregon 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 Portland and the surrounding areas in 2023 and beyond. Low-cost airline Breeze Airways began service out of the Portland International Jetport in

  David Sangree and Stephen Szczygiel are attending the 2023 World Waterpark Association Annual Symposium and Tradeshow on October 24-27 in New Orleans. David will be presenting at the Waterpark Development, Design, and Expansion Workshop. If you are attending WWA and would like to meet with David or Stephen, click on their names to send an

H&LA is excited about the opportunity to work with the Village of Bradley, Illinois on the feasibility study for the proposed indoor waterpark. Published: September 2023 Published by: Daily Journal/Lee Provost Swimsuits and floaties may soon become a vital part for anyone on their way to Bradley and not just for the summer months. The

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