As expected, Cleveland hotels did very well during the RNC. This Plain Dealer article highlights rates hotels were able to get for the 4-day event and quotes our Vice President, Laurel Keller. It remains to be seen what the long-standing impact will be on the city’s hotels in the future.
This Fiscal Times article highlights David Sangree’s presentation titled, Hotels & Waterpark Industry – Insights, Trends and Valuation Keys. By: Janna Herron Published: August 2016 Waterparks are fun way to cool off in the heat of summer — and they bring in big money, too. Thanks in part to easier financing, the number of water parks,
This Hotel News Now article highlights some important steps to consider for hotel property tax appeals. Having a plan in place can save money down the road. H&LA specializes in tax appeal appraisals for hotels and resorts. We have assisted many hotel owners in their tax appeal process. For more information on our tax appeal
By: Sabre Labs Team Published: July 2016 We’re going to assume you’ve heard of Pokémon Go – In the last week, this game has shot to the top of the mobile app sales charts, has been covered by every media company from ABC to Zee News and was even by co-opted by the US presidential campaigns,
TripAdvisor has chosen the best theme parks and waterparks in the United States for 2016. The company used an algorithm that takes into account user reviews and ratings for each park over the last 12 months. To see the list of the top rated parks, click here.
David Sangree was recently quoted in the Treasure Coast Newspapers’ online feature about the various ways municipalities can facilitate the development of a hotel in their area. By: Colleen Wixom/TCPalm Published: July, 2016 Hotel occupancy rates and increasing demand for rooms make the county ripe for attracting more hotel chains — depending on what incentive
H&LA Vice President, Laurel Keller, talked to the Cleveland Plain Dealer about the new hotels opening in the Cleveland area in 2016. Ms. Keller gives credit where its due, stating the new convention center and the Ohio’s historic tax credit program have more to do with hotel growth in the city than the one-time Republican National Convention set for July.
In 2015, we completed a feasibility study for the Industrial Development Board of Cleveland/Bradley, Tennessee for a proposed hotel and conference center. As the following article indicates, H&LA’s study has been useful to city officials in determining the disposition of buildings for downtown redevelopment.
This New York Times article highlights the recent improvements and overall revitalization of downtown Cleveland. Not only is the new Public Square being unveiled this week, but several new hotels, including the the 600-room, 32-story Hilton Cleveland Downtown Hotel, have opened in downtown Cleveland this year. Cleveland will be in the national spotlight to the RNC coming to town in July.
STR has adopted new guidelines that may have owners and operators rethinking their competitive sets