Hotel Leisure Advisors

Our consultants are traveling to Lake County, Ohio this week to inspect several sites that are being considered for hotel development. Our hotel feasibility analysis will include recommendations on which site has the best potential for hotel development.

Great Wolf Family Resorts has proposed to expand the facilities on the 38-acre site currently occupied by the Dolce Atlanta-Peachtree Hotel and Resort into a Great Wolf Lodge property.

Laurel Keller will be addressing the attendees at the Greater Cleveland Lodging Council Luncheon Meeting on January 30, 2015 at the Sheraton Cleveland-Airport hotel. Ms. Keller will give an overview of the lodging market in Cleveland. Her talk will highlight hotel supply additions and other changes affecting the hotel market in 2015.

David J. Sangree, MAI, CPA, ISHC was acknowledged by the Urban Land Institute for serving on the review committee for the 2015 Real Estate Trends in Northeastern Ohio.

An H&LA consultant is traveling to Ann Arbor, Michigan this week to gather market data and complete site inspections related to two hotel appraisals.

A January article in Ski Magazine by Joe Cutts, titled ‘Mountain of Money’, highlighted Jay Peaks Resort ceaseless construction. The owners of Jay Peak have taken advantage of the federal EB-5 Immigrant Investor Program. Wealthy foreigners who are willing to invest $500,000 in specially designated low-employment zones are rewarded with a green card for themselves and their families if their investments are determined by regulators to save or create jobs.

To kick off the New Year, our consultants are headed to Boston, Massachusetts and Cincinnati, Ohio this week for market research and fieldwork related to two hotel impact studies.

An H&LA consultant is traveling to College Park, Maryland this week for fieldwork and market research related to a hotel appraisal study.

H&LA offers our sincere congratulations to our client, EPT Concord II, LLC, for a successful bid to build a destination gaming resort in Upstate New York.

An H&LA consultant will be in Katy, Texas this week to analyze the local market and gather data related to an outdoor waterpark feasibility study.

As reported in Aquatics International, WhiteWater West has signed a major licensing deal with NASCAR. This deal marks the first time in the industry where an IP owner has licensed to a manufacturer.

Our consultants are headed to Poconos, Pennsylvania and Burnside, Kentucky to gather data and complete fieldwork related to a proposed indoor waterpark feasibility study and a proposed resort feasibility study.

Hotel News Now recently published an article about the opportunities that exist in the smaller hotel markets. The article quotes several speakers at the recent North American Hotel Investment Conference held in Chicago. The article stresses the importance of a hotel feasibility study when considering hotel development in these markets.

Our consultants are headed to Cincinnati, Ohio this week to obtain data and analyze the local hotel market for a consulting assignment that includes a comparable hotel market analysis.

Eric Hansen, President-Elect of the OTA, attended the Ohio Travel Association’s Advisory Board Meeting. The TourismOhio Advisory board met Nov. 13 to discuss the ongoing development of TourismOhio’s strategic plan and rebranding efforts.Through the OTA, Eric is able to stay on top of the hospitality industry in Ohio.