David J. Sangree, MAI, CPA, ISHC and Adam Zarczynski, CHIA attended the World Waterpark Association annual conference in Las Vegas, Nevada in October. They enjoyed seeing many familiar faces and meeting new people at the conference. Here are some key highlights from the conference: The conference had record attendance, with over 1,500 attendees. This indicated

H&LA’s recent research for a project in Sandusky, Ohio revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Sandusky and the surrounding areas in 2022 and beyond. In October of 2021, the City of Sandusky reached an agreement with Cedar

For properties that can sell their value to guests, resort fees remain here to stay. As this article from Hotel News Now suggests, as these fees climb, transparency is the key to success. Published by Laura Koss-Feder/Hotel News Now Published date: September 2022 Travelers may complain about resort fees when they see the final bill,

By Robert McCune Hotel News Now In a stress test like no other the hotel industry has experienced before, hotels in small-town markets and along interstates in the U.S. proved to be the most resilient to the demand crisis wrought by the COVID-19 pandemic. A review of hotel market performance shows that in April 2020, at

H&LA’s recent research for a project in Syracuse, New York revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Syracuse and the surrounding areas in 2022 and beyond. A new $85 million aquarium has been proposed at the Syracuse Inner

Hall of Fame Village in Canton, Ohio is taking shape, but financing remains a challenge. Published by: Susan Glaser/Cleveland.com Published date: August 2022 CANTON, Ohio – After eight years of debate and delays, the area surrounding the Pro Football Hall of Fame is starting to take shape, a sports-themed entertainment zone that developers hope will

H&LA was pleased to be part of this project in the feasibility stage and we wish our client the best of luck in developing a surf park in Tampa Bay! Published by: Ben Montgomery/Axios Published date: July 2022 Florida’s Gulf Coast may not be renowned for its waves, but one entrepreneur believes the Tampa Bay

Hotel metrics continue to climb back from pandemic lows! US Hotels Reach 65% of Pre-Pandemic Lows Published by: Raquel Ortiz/CoStar/STR Published date: July 2022 Hotels have had a very strong summer thus far, with transient demand strong and business demand starting to pick up. This has been especially beneficial for hotels in the top 25

Hotel & Leisure Advisors is working on behalf of Mobile County, Alabama, to solicit qualifications and proposals from experienced firms to develop an outdoor waterpark on a 25-acre site that will either be sold or leased to the developer for the project. The subject site is located adjacent to the under-construction Mobile County Sportsplex Complex

H&LA’s recent research for a project near in Tamp, Florida revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Tampa and the surrounding areas in 2022 and beyond. On-going pandemic concerns may alter timelines for some of these projects. In

H&LA’s recent research for a project near Louisville, Kentucky revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Louisville and the surrounding areas in 2022 and beyond. On-going pandemic concerns may alter timelines for some of these projects. Churchill Downs

Hotel Business is reporting on the forecast from the U.S. Travel Association that indicated all segments of travel will surge in the short term, despite inflation concerns. Pent up demand and consumer savings will drive the surge, though it remains unclear if recession fears will dampen expectations. Published by: Hotel Business Published date: June 2022

David Sangree, MAI, CPA, ISHC had the opportunity to attend the NYU International Hospitality Industry Investment Conference on June 6-7 at the New York Marriott Marquis. The following are some key highlights from the conference. ADR growth: The growth in ADR in 2022 has exceeded everyone’s projections for the industry. The actual ADR is above

Published by Mark Heschmeyer/CoStar News Published date: May 2022 Alpine Acquisition, which raised more than $100 million in a blank-check offering last fall, is ready to return that money to work backing former Great Wolf Resorts indoor water park executives with plans to open immersive entertainment destinations. The strategy is the latest example of how

H&LA’s recent research for project near Austin and Round Rock, Texas revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Austin and the surrounding areas in 2022 and beyond. On-going pandemic concerns may alter timelines for some of these projects.