Hoteliers continue to experiment with dynamic pricing but also seem to realize that even if guests receive all the industry’s latest education and thinking on rates, partnerships with online travel agencies will not be a thing of the past. Published by: Terence Baker/Hotel News Now Published date: February 2019 Hoteliers’ strategic goals must include a

Experts at Americas Lodging Investment Summit (ALIS) weighed in on the 2019 hotel landscape. Hotel News Now reports that executives from STR, CBRE Hotels, Kalibri Labs and JLL shared their forecasts at ALIS and talked about rate, supply and other trends hoteliers should keep an eye on. Published by: Stephanie Ricca/Hotel News Now Published date:

The Cleveland Plain Dealer reports that hotel occupancy in Cleveland and the surrounding suburbs rebounded in 2018 and exceeded that achieved in 2016, the year of the Republican National Convention. David Sangree got the opportunity to offer his insights to the Plain Dealer regarding Cleveland’s bounce back. Published by: Cleveland Plain Dealer/Susan Glaser Published date:

Hotel News Now reports that as Marriott negotiates with Expedia, the industry awaits the future of OTA’s continued impact. Published by: Terence Baker/Hotel News Now Published date: January 2019 This could be the year in which the newly enlarged mega-hotel companies push back against online travel agencies to secure lower commissions and greater margins, according to

Hotel News Now highlighted new hotel brands that opened in 2018. Offerings ranged from extended-stay to pod-style products, but all have one element in common: They’re designed to appeal to travelers seeking various authentic experiences. 2018’s launches include urban properties and secondary city offerings across various classes and segments. Hotel News Now has an alphabetical listing

A recent article in the Wall Street Journal highlighted the continued rise in resort fees across all sectors of the hotel landscape. Though in the past, these fees were typically only assessed at resort locations, they are increasingly being deployed in urban and suburban market as “facility” or “destination” fees to cover the cost associated

Maryland may be home to the next Great Wolf Lodge. Officials in Perryville and Cecil County said they are close to finishing a deal for a $200 million waterpark resort on a site next to the Hollywood Casino in Perryville. The development is expected to open by summer 2022. The proposed resort will feature an indoor/outdoor waterpark, climbing

Imagine Hotels and Resorts is partnering with Hasbro to develop a themed indoor waterpark resort, set to open in 2022. While the location has yet to be named, the resort will feature themed hotel rooms and entertainment, an indoor water park and experiences inspired by Hasbro brands, including My Little Pony, NERF, Monopoly, Mr. Potato

Great article from Hotel News Now that looks at the possible challenges facing hotel financing over the next decade: Published by: Zak Selbert/Hotel News Now Published date: December 2018 This economic cycle has been long by historical standards. Hotels have been improving their performance for ten years straight, despite headwinds including Airbnb, oversupply, rising costs

Congratulations to our client, VisitFrisco and the Frisco Economic Development Corporation on the announcement that the PGA of America is moving its headquarters from Palm Beach County, Florida, to Frisco, where it will anchor a 600-acre, mixed-use development with an initial investment worth more than a half-billion. Part of the development will include an Omni

Dual-branded hotels have gained popularity over the past several years. The following article from CBRE examines the operating efficiencies and discusses whether these dual-brands deliver them to owners. DUAL-BRANDED HOTELS: BEWARE EXPECTATIONS OF SIGNIFICANT OPERATING EFFICIENCIES Published by: Robert Mandelbaum and Gary McDade/CBRE Published date: December 2018 For the past four years the opening of

H&LA’s Joseph Pierce, MAI and Nuresh Maredia attended the IAAPA conference in Florida. Here are a few takeaways from the conference: IAAPA introduced its new brand as the Global Association for the Attractions Industry.  The brand is intended to communicate the diversity of the attractions industry, its forward motion, connection and strength as an industry

Congrats to out client, Typhoon Texas, on their plans for an expansion in 2020! Published by: Mike Parker/Statesman Published date: November 2018 A new restaurant, a new water park attraction and parking lot improvements are part of an amended agreement that has received initial approval between Typhoon Texas and the city’s economic arm. The Pflugerville

H&LA President, David J. Sangree, MAI, CPA, ISHC added some key insights for a Crain’s Cleveland Business article about the Downtown Cleveland and University Circle hotel growth and demand.  STR reports the number of room sold in the Cleveland market has surpassed July of 2016 during the RNC. Published by Stan Bullard/Crain’s Cleveland Business Published

This will be a unique way to finance this project that will be one of the largest indoor waterparks in North America. Published by Miguel Otarola/Star Tribune Published date: October 2018 The city of Bloomington thinks it can build what could be the continent’s largest indoor water park next to the Mall of America, while