Heidi Banak

By Robert McCune Hotel News Now In a stress test like no other the hotel industry has experienced before, hotels in small-town markets and along interstates in the U.S. proved to be the most resilient to the demand crisis wrought by the COVID-19 pandemic. A review of hotel market performance shows that in April 2020, at

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. A new $85 million aquarium has been proposed at the Syracuse Inner

Hall of Fame Village in Canton, Ohio is taking shape, but financing remains a challenge. Published by: Susan Glaser/Cleveland.com Published date: August 2022 CANTON, Ohio – After eight years of debate and delays, the area surrounding the Pro Football Hall of Fame is starting to take shape, a sports-themed entertainment zone that developers hope will

H&LA was pleased to be part of this project in the feasibility stage and we wish our client the best of luck in developing a surf park in Tampa Bay! Published by: Ben Montgomery/Axios Published date: July 2022 Florida’s Gulf Coast may not be renowned for its waves, but one entrepreneur believes the Tampa Bay

Hotel metrics continue to climb back from pandemic lows! US Hotels Reach 65% of Pre-Pandemic Lows Published by: Raquel Ortiz/CoStar/STR Published date: July 2022 Hotels have had a very strong summer thus far, with transient demand strong and business demand starting to pick up. This has been especially beneficial for hotels in the top 25

Hotel & Leisure Advisors is working on behalf of Mobile County, Alabama, to solicit qualifications and proposals from experienced firms to develop an outdoor waterpark on a 25-acre site that will either be sold or leased to the developer for the project. The subject site is located adjacent to the under-construction Mobile County Sportsplex Complex

H&LA’s recent research for a project near Louisville, Kentucky 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 Louisville and the surrounding areas in 2022 and beyond. On-going pandemic concerns may alter timelines for some of these projects. Churchill Downs

Hotel Business is reporting on the forecast from the U.S. Travel Association that indicated all segments of travel will surge in the short term, despite inflation concerns. Pent up demand and consumer savings will drive the surge, though it remains unclear if recession fears will dampen expectations. Published by: Hotel Business Published date: June 2022

H&LA’s recent research for project near Austin and Round Rock, Texas 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 Austin and the surrounding areas in 2022 and beyond. On-going pandemic concerns may alter timelines for some of these projects.

For the first time since before the pandemic, we held a company retreat for all staff of H&LA from our Ohio and Texas offices.  It was a great opportunity to connect and spend time with colleagues and get to know one another a bit better as a result. H&LA is lucky to have such a

Post-pandemic, hotels look to attract lost group demand

As U.S. hotels continue to recover from the devastating effects of the pandemic, leisure travel has been a boon for the industry. Recent studies, in fact, suggest that leisure travel will reach prepandemic levels in 2022. However, not all hotels cater to the leisure segment, leaving a large swath of properties that cater to group

H&LA’s David Sangree got the chance to weigh in with a recent article from Cleveland.com about the improving hotel occupancy in the Cleveland market. As we turn the page to 2022, we will likely see continued improvement as group demand looks poised to make a comeback. Published by: Cleveland.com/Susan Glaser Published date: January 2022 CLEVELAND,

Top Concerns and Trends for Hoteliers in 2021

In a brief look back at 2021, there was widespread hope that it would be a slow return back to normal as pandemic concerns eased and society reordered itself, but pandemic troubles lingered through the year. While lockdowns and closures may be a thing of the past, new concerns were thrust to the forefront as

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