Heidi Banak

H&LA Vice President, Laurel Keller, attended The Lodging Conference in Phoenix last week. Laurel had the following key takeaways from this year’s conference: Demand continues to outpace supply: 2.2% US hotel supply growth forecasted for 2018, with 1.9% demand increase according to STR. Rate growth has slowed from 4% to 2% on a trailing 12-month

H&LA’s David J. Sangree, MAI, CPA, ISHC and Nuresh Maredia are attending the International Association of Amusement Parks and Attractions (IAAPA) Annual Attractions Expo in Orlando, November 13-17th. If you are attending the conference and would like to schedule time to meet with David or Nuresh, send them an email. dsangree@hladvisors.com nmaredia@hladvisors.com

David Sangree, MAI, CPA, ISHC and John Burke attended the World Waterpark Association’s annual conference and tradeshow in West Palm Beach, Florida October 16-19, 2017. David was a speaker for two sessions including WWA University: Waterpark Development, Design & Expansion Workshop and Waterpark & Resort Trends Across the Globe. David and John had the following takeaways

Hotel feasibility and waterpark feasibility methodology was the topic of H&LA President, David J. Sangree, MAI, CPA, ISHC at the 2017 World Waterpark Association Annual Convention and Trade Show and at the Michigan State University’s School of Hospitality. David discussed the intricacies of determining feasibility for these complex assets. Click the link below to see

H&LA’s David Sangree weighed in for an insightful Funworld Magazine (an IAAPA Publication) article that highlighted the ‘bigger is better’ trend in the waterpark market. Published by: Prasana William/Funworld Magazine Publised Date: October 2017 The positive buzz of a thriving industry could be felt everywhere you turned at IAAPA Attractions Expo 2014. The largest annual

David J. Sangree, MAI, CPA, ISHC and John Burke are attending the World Waterpark Annual Symposium and Trade Show, October 16th-19th in West Palm Beach Florida. David will be speaking at the WWA University: Waterpark Development, Design & Expansion Workshop to be held Monday, October 16th. This workshop will discuss how to prepare a feasibility study for a waterpark

Great Hotel Online article and analysis about hotel franchise fees. Published by: Robert Mandelbaum/Hotel Online Published date: September 2017 In the current market environment of modest growth in revenue, hotel owners and operators are paying extra attention to their operating expenses.  Per the June 2017 edition of Hotel Horizons®, RevPAR growth in the U.S. is forecast

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