Hotel Leisure Advisors

Sonesta International Hotels Corporation to Acquire RLH Corporation, which will create one of the world’s largest hotel companies with diversified brands across multiple market segments. Published by: Hotel Online Published date: January, 2020 Sonesta International Hotels Corporation (Sonesta) today announced that it has entered into a definitive agreement to acquire RLH Corporation. RLH is the

Hotel News Now is reporting on a new trend analysis report that shows the U.S. hotel industry spent billions less on capital expenditures this year compared to previous years because of the pandemic. Published by: Bryan Wroten/Hotel News Now Published date: December 2020 Hoteliers significantly pulled back from capital-expenditure spending in 2020 because of the

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. CNBC is reporting sentiment from some top executives on when business travel will rebound with some saying it won’t likely return

Congratulations to our client, Hall of Fame Resort & Entertainment Company, on securing financing for Phase II of development at the Hall of Fame Village powered by Johnson Controls, which will include an indoor waterpark, hotel, retail, sports, and amusements. H&LA has completed multiple feasibility studies for the proposed development and we wish our client

Waterpark Feasibility Study Methodology

David J. Sangree, MAI, CPA, ISHC presented at the 2020 World Waterpark Association Annual Show. David’s presentations highlighted the necessary elements of a waterpark feasibility study and discussed why a well-researched study is essential for all waterpark developments. Check out David’s presentation on YouTube. You can follow along with the presentation via the PowerPoint presentation.

Published by: Candace Carlisle/CoStar News Published date: October 2020 Golf equipment giant Callaway and Topgolf, an operator of high-tech driving ranges and other venues, reached a deal valued at $2 billion to create a global golf and entertainment company as the sport undergoes a surge in popularity in the pandemic. Callaway, a publicly traded golf

U.S. Waterpark and Waterpark Resort Trends

At the virtual World Waterpark Association Annual Symposium and Tradeshow, David J. Sangree, MAI, CPA, ISHC spoke about the waterpark industry in 2020 in a presentation titled, U.S. Waterpark and Waterpark Resort Trends. This presentation addressed the challenges facing the industry in 2020 due to the COVID-19 pandemic as well as projections for 2021. Click

David Sangree recently sat down for an interview with Fox 8 News to discuss the on-going uncertainty for hotels in Cleveland due to the pandemic. David gives his insight into when things may start to recover for the entire industry in the event a vaccine or effective treatment for COVID-19 is developed. Published by: Maia

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. Hotel News Now is reporting that while the U.S. hotel industry at large can recover and thrive following a recession, that

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. Recent CBRE projections indicate that the U.S. hotel industry is poised to begin a multiyear recovery in the third quarter. Published

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. The following article from CNN News discusses how 25% of hotel owners are struggling to pay their mortgages amid reduced travel.

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. This report from National Golf Foundation highlights some recent trends in golf participation and engagement. Golf has been well-positioned throughout the

Imagine Hotels and Resorts has just announced development of their first resort in Hollister, Missouri! The 575,000-square-foot indoor waterpark resort will be situated on 68 acres within the Hollister city limits, and will feature a wide-array of amenities to attract and entertain multiple generations of families. Congratulations to Imagine Hotels and Resorts on this exciting

In continued fallout from the COVID-19 pandemic, The Real Deal is reporting some hotels selling at deep discounts. As federal aid dries up, some hotels are also agreeing to costly financing options. Published by: The Real Deal/Staff Published date: July 2020 Cash-strapped hotel owners are selling properties at discounts and agreeing to sky-high interest rates with federal

As COVID-19 continues to hammer the hospitality industry, hotel F&B outlets are also continuing to adapt. This latest Hotel News Now article, which includes insights form H&LA’s David Sangree, reports that Food-and-beverage outlets have changed their layouts, enacted new protocols and scaled back the once-popular communal dining trend. Published by: Laura Koss-Feder/Hotel News Now Published