Heidi Banak

Congratulations to our client, Honokea, for securing $95 million in revenue bond authority from the State of Hawaii for the Honokea Surf Village. The bill was approved by the Legislature and signed into law into law in June, 2021.  This bond bill authorizes State of Hawaii tax free revenue bond authority as a financing tool

Top 10 hotel trends in 2020: Are they here to stay?

Back when we were all naïve enough to think that 2020’s biggest headache would be a seemingly endless year of political campaign ads, hotels and resorts in the U.S. were poised to enjoy the fruits of a robust economy. But the onset of the COVID-19 pandemic threw the industry into chaos, forcing hotels and resorts

Congratulations to Kalahari Resorts and to the city of Round Rock on the opening of Kalahari’s newest waterpark resort in Round Rock, Texas! The 1.5 million square foot property includes the largest indoor waterpark in the United States, an indoor amusement space, 20 dining options, a spa, hotel, and convention space. Published by: Chaz Miller/abc13

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. Hotel News Now is reporting on hotel brands standards amid the pandemic as hotels attempt to balance guests needs and function

H&LA’s David Sangree had the opportunity to weigh in with Hotel News Now for an article on how hotels are looking towards attracting holiday demand with pricing and promotions. Published by: Laura Koss-Feder/Hotel News Now Published date: November 2020 Although it is going to be a very unusual holiday season, hoteliers are hoping that driving

As the World Waterpark Association’s (WWA) annual symposium goes virtual this year, H&LA’s David Sangree will be participating an a webinar panel, State of the Industry & Trends for 2021. David and the other panel members will discuss insights on how 2020 has impacted the water leisure industry in myriad ways and how 2021 might

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. Recent CBRE projections indicate that the U.S. hotel industry is poised to begin a multiyear recovery in the third quarter. Published

H&LA’s recent research for a project in the Houston area of Texas 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 Houston area. A major theme park complex called the Grand Texas Sports and Entertainment District is now

H&LA’s recent research for a project in Irvine, California 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 Irvine area. A major mixed-use development called the LT Platinum Center is planned for a site adjacent to Angel Stadium

Our consultants are traveling to some exciting hospitality conferences in March! David J. Sangree, MAI, CPA, ISHC is attending the 94th Annual Hotel Ezra Cornell Conference on March 14-17. Hotel Ezra Cornell is a three-day, student-run business conference for hospitality industry leaders and members of the Cornell community from across the globe. Featuring some of the

In their 2019 Power issue, Aquatics International named H&LA President David Sangree as the go-to waterpark consultant and prognosticator. Citing David’s work in the industry over the last 30 years, the article highlights some of his unique experience and gets to the heart of what makes him an expert in such a dynamic industry. Published

Hotel News Now is reporting on the latest hotel forecast by CBRE Hotels Americas Research that calls for RevPAR growth of 2.5% in 2019 and 2% in 2020 at U.S. hotels, but a blip in 2021. Published by  HNN Newswire Published date: February 2019 A favorable economic outlook will lead to continued growth in U.S.

As the Times Herold-Record reports, the much anticipated Kartrite Resort & Indoor Waterpark is set for soft opening at the end of March, with the Grand opening set for April 5th. Published by: Daniel Axelrod/Times Herald-Record Published date: March 2019 The $180 million-plus Kartrite Resort & Indoor Waterpark project is on track for a March 28

Hoteliers continue to experiment with dynamic pricing but also seem to realize that even if guests receive all the industry’s latest education and thinking on rates, partnerships with online travel agencies will not be a thing of the past. Published by: Terence Baker/Hotel News Now Published date: February 2019 Hoteliers’ strategic goals must include a

Experts at Americas Lodging Investment Summit (ALIS) weighed in on the 2019 hotel landscape. Hotel News Now reports that executives from STR, CBRE Hotels, Kalibri Labs and JLL shared their forecasts at ALIS and talked about rate, supply and other trends hoteliers should keep an eye on. Published by: Stephanie Ricca/Hotel News Now Published date: