As many attractions struggle amid the fallout from the COVID-19 pandemic, this article from Bloomberg news highlights the struggles of a prominent Poconos indoor waterpark as they grapple with closure and further mandates to designed to combat the spread of COVID-19, Published by: Oshrat Carmiel/Bloomberg Published date: May 2020 One of America’s biggest indoor water

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 report from National Gold Foundations highlights that golf is green lit in every state, but that doesn’t necessarily mean the industry is

H&LA associate Adam Zarczynski attended the webinar on hospitality capital markets hosted by Cornell. Below are some of the highlights that were discussed: The Bank of America representative believes we are at the beginning of the fallout from COVID-19. He highlighted that debt service paid in April was not impacted as heavily since March was

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 out clients and partners. H&LA’s David Sangree weighed in with the Cleveland.com on some of the signs of recovery for the downtown Hilton Hotel in

Congratulations to our client, Creek Indian Enterprises Development Authority, on the announced development of the indoor waterpark in Foley. H&LA had the opportunity to complete the waterpark feasibility study for this project in 2019. Construction on OWA’s new indoor waterpark underway in Foley

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 out clients and partners. The following article from CoStar News discusses gains made over the last four weeks of increased occupancy. Published by: Richard Lawson/CoStar

H&LA’s David Sangree got the opportunity to weigh in for an article in the Times Herald-Record on the challenges for Legoland’s owner Merlin Entertainment in the wake of the COVID-19 pandemic that is challenging leisure attractions worldwide. Published by: Daniel Axelrod/Times Herald-RecordPublished date: May 2020 Legoland New York’s parent company is in survival mode, recently

Many thanks to the Ohio Travel Association for the opportunity to have a Q&A session on some of the effects on the travel and tourism industry from the COVID-19 pandemic. H&LA’s David Sangree answered some thoughtful questions and give his insights into what we can expect for some important tourism industries as the country slowly

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 out clients and partners. The following whitepaper from Thinkwell Group discusses the challenges owners and operators of theme parks, entertainment venues, and family entertainment centers

Congratulations to our client, Mike Reidel and Wild Rivers, for the lease agreement with the city of Irvine to develop and reopen Wild Rivers Waterpark at the Orange County Great Park. According to the lease terms, the city will receive 4.5% of the park’s annual gross revenue as a lease payment, and if the park

As we keep abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, the following article from NBC News discusses the possible changes in hotels stays as a result of the virus. Many hotel experts predict drastic changes in the coming months, prompting many properties to embrace a

As we keep abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, the following article discusses whether or not U.S. theme parks will open this summer amid further pandemic fears and stay-at-home orders. While most year-round attractions are closed, it remains to be seen whether the seasonal

In response to the COVID-19 pandemic, which has caused most waterparks and amusement parks to close or delay their seasonal openings, many operators are offering incentive for guests. One such operator is Schlitterbahn, who is extending their 2020 season passes to cover the 2021 season. We expect many parks and operators will offer similar perks

As we keep abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, the following Barron’s article details comments from James Hardiman, who covers leisure stocks for Wedbush Securities. He spoke about whether regional theme parks and cruise lines can survive and the long-term outlook for travel industry.

As we keep abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, the following HVS report details some of the unprecedented impact on hotel owners, operators, and investors. Published by: Anne. R. Lloyd-Jones, Suzanne R. Mellen, and Tanya J. Pierson (HVS) Published date: April 2020 The COVID-19