Heidi Banak

The determination of waterpark feasibility is not always as cut and dry as the determination of economic viability. In drought stricken locations, developers face additional challenges at a time when water is scarce and many see the use of it at a waterpark as a frivolous waste. H&LA’s David Sangree and Eric Hansen talked with

In our convention center hotel feasibility studies, we often make recommendations to developers to help ensure the success of a particular property. Likewise, this insightful article from Hotel News Now outlines some key ingredients for a convention center hotel to be prosperous from the outset. This article dovetails nicely with H&LA’s recent article that discussed supply and

Discussing how to prepare hotel and waterpark feasibility studies with students, H&LA President, David Sangree, MAI, CPA, ISHC will be a guest lecturer at Michigan State University’s Hospitality Business Real Estate Investment and Development Class on September 25th. David will discuss the many facets that must be considered in determining the feasibility of hotel and

In 2015, H&LA completed the hotel feasibility study for the proposed extended stay hotel in Hyde Park, New York. Today, we congratulate or client, T Rex Capital, on the Marriott franchise agreement award for the 133-room Residence Inn in Hyde Park. This hotel is part of a $500 million dollar development at Historic Hyde park whose

H&LA Vice President and hospitality consultant, Laurel Keller, was quoted in a Cleveland Plain Dealer article noting the conversion of the Wyndham Hotel in downtown Cleveland to a Crowne Plaza. Published by: Susan Glasser/Cleveland Plain Dealer Published Date: August 2017 CLEVELAND, Ohio – The Wyndham Cleveland at Playhouse Square, a veteran in downtown hospitality, will convert to a

We congratulate our client, The Surland Companies, on the their plans to construct a waterpark/aquatic center in Tracy, California. H&LA prepared the waterpark feasibility study for the project and is pleased that our client received approval for the $41.5 million dollar project from the city of Tracy. Multi-million Dollar Swim Park Published by: Michael Ellis Langley/Tracy

We are conducting fieldwork this week for a hotel feasibility study and hotel impact study in Michigan and Texas.

H&LA Vice President, Laurel Keller, attended the Hotel Data Conference last week, joining more than 600 attendees from across all sectors of the hotel industry. The Hotel News Now editorial team has recapped the latest insights and trends that were hot topics at the 2017 Conference. http://www.hotelnewsnow.com/Articles/181829/Hotel-Data-Conference-2017  

Over the last three months, H&LA has had the pleasure of working with Taylor Kearly, our summer intern from Michigan State University. Taylor will be returning to MSU in the fall for her senior year, working towards her B.A. in Hospitality Business. During her time with H&LA, Taylor had the opportunity to work with all

We have consultants headed to the Dallas-Fort Worth market this week for fieldwork and market research related to a waterpark and conference center feasibility study.

Congratulations to our client, Chris Kaczmar, on the approval for the new Tru by Hilton hotel in downtown Cleveland! Published by: Michelle Jarobe/The Plain Dealer  Published date: July 2017 A 114-room Tru hotel could open on Euclid Avenue not far from the Cleveland Clinic and University Hospitals in early 2019, bringing a new brand and a lower-cost lodging

We have consultants in Idaho this week for field work and market research related to a feasibility analysis for a proposed indoor waterpark resort

Making Sense of Green Certifications

In today’s green environment it is important to address the various types and purposes of the certification programs available, and to assess key attributes about each program.

Appraisal and Market Analysis of Indoor Waterpark Resorts

An appraisal of an indoor waterpark resort is similar to other appraisals in that it is a professional appraiser’s opinion of value. It is typically required by a lender before financing can be obtained for a new project. The scope of the project, including plans and development budgets, should be well defined prior to the