H&LA’s recent research for a project in Newport, Kentucky 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 Newport area in 2019 and beyond. In 2018, the Newport on the Levee retail/entertainment complex was sold to Cincinnati-based North
H&LA’s David Sangree gave some great insight on the waterpark industry for an article in the Chicago Tribune about Blackstone Real Estate Partners IX, an affiliate of Blackstone Group, acquiring a 65% stake in the waterpark operator from owner Centerbridge Partners. Together, they will create a $2.9 billion joint venture to own Great Wolf Resorts.
Published by: The Real Deal Real Estate News Staff Published date: October 2019 CoStar Group, the $22 billion giant most known for its data on office and retail properties, is making a big push into the hotel industry by acquiring one that industry’s largest research and analytics firms. CoStar has agreed to acquire Tennessee-based STR in a
H&LA’s David Sangree and Adam Zarczynski are headed to the the 2019 World Waterpark Association Symposium and Tradeshow in Orlando, Florida October 7th-10th. David will be presenting once again at the Waterpark Design, Development, and Expansion Workshop on Monday, October 7th. He will discuss the methodology of waterpark feasibility studies. If you’re attending WWA and would
Aquatics International published an article on the state of the waterpark industry, quoting H&LA President, David Sangree. The article highlights the economic market conditions that have opened the way for waterparks to thrive, while designers and manufacturers draw in visitors by enhancing the customer experience. Published by: Rebecca Robledo/Aquatics International Published date: September 2019 Like just
Great HNN article on hotel owners ability to roll with whatever economic cycle comes their way. Published by: Stephanie Ricca/Hotel News Now Published date: September 2019 VIENNA—As the hotel industry cycle turns, owners are turning their thoughts to performance, labor and management issues, focusing on strong foundations to maintain strength in a changing environment. Owners
H&LA’s David J. Sangree, MAI, CPA, ISHC is attending the National Park Hospitality Association Fall 2019 meeting in Estes Park, Colorado September 16th-18th. The meeting will include discussions of key issues ranging from NPS Concessions Program “fine-tuning” to preparations for any federal funding interruptions.
Congratulations to our client, Montgomery Area Chamber of Commerce, on the plans to begin construction on a $40 million dollar whitewater park that will include an Olympic-sized whitewater course. We were honored to be a part of this project in preparing the waterpark feasibility study and we wish Montgomery County the best of luck as
More interesting insights from the Hotel Data Conference on the top 25 U.S. hotel markets in terms of supply and what to expect in the future. Published by: Danielle Hess and Dan Kubacki/Hotel News Now Published date: August 2019 Supply growth has taken a toll on some top 25 markets, while factors in some markets beyond the
Executives from Hilton, Choice Hotels International and Chesapeake Hospitality at the Hotel Data Conference spoke about what goes into creating the guest experience and ways to encourage on-property spend. Published by: Dannielle Hess/Hotel News Now Published date: August 2019 The hotel industry is in an era where experience matters most to guests, which is why
Interesting article by Hotel News Now on how hoteliers are combatting the tight labor market by being creative with employee recruitment and retention. Published by: Brendan Manley/Hotel News Now Published date: August 2019 Faced with an increasingly tight labor market and rising minimum wage, hoteliers are getting creative for employee recruiting and retention, exploring a
Great Wolf Resorts announced plans to open its first indoor waterpark overseas, with the Great Wolf Lodge coming to Oxfordshire, UK, in 2022. Published by: Tom Anstey/Attractions Management Published date: August 2019 US waterpark operator Great Wolf Resorts has announced plans to open its first venture overseas, with the Great Wolf Lodge coming to Oxfordshire,
Great news of the development at the Hall of Fame Village! HOV has already invested $250 million of capital to build the first phase of its mixed-use complex, including a 100,000-square-foot office building currently under construction, a 23,000-seat sports and entertainment stadium, a youth sports complex and the networks to support additional expansion plans. Published
H&LA’s recent research for a project in Oklahoma City 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 Oklahoma City area in 2019 and beyond. In June 2018, Oklahoma City officially broke ground on a new $288 million
Congratulations to our client, RREAF Holdings, on the development of a the new Marriott Delta Hotel in Southlake, Texas. The Dallas market continues to be haven for hotel developers and investors as growth lags only behind the New York market. H&LA completed the hotel feasibility study for this project and we wish RREAF the best