Great HNN article on hotel owners ability to roll with whatever economic cycle comes their way. Published by: Stephanie Ricca/Hotel News Now Published date: September 2019 VIENNA—As the hotel industry cycle turns, owners are turning their thoughts to performance, labor and management issues, focusing on strong foundations to maintain strength in a changing environment. Owners
H&LA’s David J. Sangree, MAI, CPA, ISHC is attending the National Park Hospitality Association Fall 2019 meeting in Estes Park, Colorado September 16th-18th. The meeting will include discussions of key issues ranging from NPS Concessions Program “fine-tuning” to preparations for any federal funding interruptions.
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:
Hotel News Now reports that as Marriott negotiates with Expedia, the industry awaits the future of OTA’s continued impact. Published by: Terence Baker/Hotel News Now Published date: January 2019 This could be the year in which the newly enlarged mega-hotel companies push back against online travel agencies to secure lower commissions and greater margins, according to
A recent article in the Wall Street Journal highlighted the continued rise in resort fees across all sectors of the hotel landscape. Though in the past, these fees were typically only assessed at resort locations, they are increasingly being deployed in urban and suburban market as “facility” or “destination” fees to cover the cost associated
Maryland may be home to the next Great Wolf Lodge. Officials in Perryville and Cecil County said they are close to finishing a deal for a $200 million waterpark resort on a site next to the Hollywood Casino in Perryville. The development is expected to open by summer 2022. The proposed resort will feature an indoor/outdoor waterpark, climbing
Imagine Hotels and Resorts is partnering with Hasbro to develop a themed indoor waterpark resort, set to open in 2022. While the location has yet to be named, the resort will feature themed hotel rooms and entertainment, an indoor water park and experiences inspired by Hasbro brands, including My Little Pony, NERF, Monopoly, Mr. Potato
Great article from Hotel News Now that looks at the possible challenges facing hotel financing over the next decade: Published by: Zak Selbert/Hotel News Now Published date: December 2018 This economic cycle has been long by historical standards. Hotels have been improving their performance for ten years straight, despite headwinds including Airbnb, oversupply, rising costs