A great article by Costar News highlights the Blue Harbor Resort in Sheboygan, Wisconsin. This beautiful resort, which H&LA has had the privilege of studying on multiple occasions, is credited for helping change the trajectory of Sheboygan into a regional tourism center. Published by: Clare Kennedy/Costar News Published date: January 2021 The Blue Harbor Resort

H&LA’s recent research for a project in Austin and Round Rock, Texas, revealed some exciting new hospitality-related developments happening in the area. These developments will have a major impact on tourism, employment, and the general economy in the Austin and Round Rock areas in 2021 and beyond. On-going pandemic concerns may alter timelines for some

Discussing current hotel valuation issues, H&LA’s David Sangree, MAI, CPA, ISHC presented at the 30th Annual Ohio Business Tax Conference & Virtual Institute in January, 2021. David discussed the impact that the COVID-19 pandemic has had on the hospitality industry and presented the best strategies for determining the value of hospitality properties. Click below to

H&LA’s David Sangree was asked to weigh in on Bloomberg article about the future of the Trump Hotel in DC as the new Biden administration takes over. Trump’s D.C. Hotel Enters Biden Era With Brand in Tumult Published by: Patrick Clark and Alex Wittenberg Published date: January 2021 Since opening in 2016, the Trump International

Hotel performance is projected to ramp up in 2021 from historic lows. But what does 2021 have in store for hotel financing? Published by: Brian Holstein/Hotel Online Published date: January 2021 Positive Big Picture It is obvious that hotel operating performance will be much better in 2021 than 2020.  It is, perhaps, less obvious that

Here’s an interesting new resort category being proposed in Florida. The idea of developing a resort with thousands of homes built specifically for vacation rental is unique as traditionally, vacation rental homes are owned by individuals and not generally in the same geographic area. Published by: Tony Wilbert/CoStar News Published date: January 2021 Cayman Islands

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 Hotel News Now article discusses how developers have been impacted from construction financing drying up and new projects halting for

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

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

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