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Published by: Stan Bullard/Crain’s Cleveland Published date: March, 2024 An oft-repeated joke among Northeast Ohio hotel owners and managers is that it’s not an overbuilt market, it’s an under-demolished one. In the wake of the COVID-19 pandemic, though, that may no longer be true. A study of the Cleveland-Akron hospitality business by David Sangree, president

Anne Gompel, Vice President and head of the H&LA office in Atlanta, is attending the 35th annual Hunter Hotel Investment Conference on March 18-21 at the Atlanta Marriott Marquis. Anne would love to hear from you! If you would like to schedule a meeting with Anne at Hunter to talk about your feasibility study or

Our recent research for a project in Peoria, Illinois 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 Peoria and the surrounding areas in 2024 and beyond. City officials in Peoria are moving forward with plans for a new downtown

Published by: Mark Heschmeyer/CoStar News Published date: February 2024 Great Wolf Resorts, a company controlled by investment giant Blackstone, has arranged a roughly $1 billion partial refinancing of 14 hospitality and entertainment properties known for their indoor water parks. The deal illustrates how U.S. destination hotels have rebounded from the effects of the pandemic and,

Los Angeles – February 6, 2024 – The International Society of Hospitality Consultants (ISHC) in partnership with the Americas Lodging Investment Summit (ALIS) presented Tracy Prigmore, Founder of TLTsolutions and creator of She Has a Deal., with the 2024 Pioneer Award. Kristie Dickinson, ISHC President and Managing Director/EVP of CHMWarnick presented Prigmore with the award during the conference plenary

H&LA was pleased to provide the feasibility analysis to for the village of Bradley for the proposed waterpark development. We wish the village much success as they work to get this project off the ground. Published by: Daily Journal/Lee Provost Published date: February 2024 Folks in the village of Bradley and beyond should get their

Published by: Cleveland.com/Susan Glaser Published date: January 2024 CLEVELAND, Ohio – Cleveland-area hotels have almost fully recovered from the pandemic, at least by one important metric – the percentage of rooms that are filled on an average day. Hotel occupancy rates in Greater Cleveland averaged 60.5% in 2023 – nearly identical to the 60.7% rate

Our recent research for a project in Grand Rapids, Michigan 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 Grand Rapids and the surrounding areas in 2024 and beyond. Groundbreaking for a new 12,000-capacity amphitheater in downtown Grand Rapids is

H&LA’s David Sangree visited the Palm Springs Surf Club in January of 2024 and was very impressed with the quality of the offerings of the redeveloped Wet ‘n Wild Palm Springs waterpark. Unfortunately, the surf pool, lazy river, and slides were not operational on the day of his visit as they were still tweaking the

Lending for U.S. hotels is likely to face challenges going into 2024 as rates remain high. Published by: Hotel Management/Esther Hertzfeld Published date: January 2024 While a potential economic slowdown will have impact throughout the hotel industry, one of the areas poised to see the biggest challenge is the hotel lending market, according to several

Hotel News Now indicated larger meetings and events will be a factor in 2024 and it will impact bookings at hotels as revenues are expected to rise. Published by: Hotel News Now/Dana Miller Published date: January 2024 Group demand is coming back at a stronger clip in 2024, and for some hotel companies it’s shaping

Published by: Hotel News Now/Dana Miller Published date: November 2023 SAN FRANCISCO — Investors and lenders in the hospitality space often say one of two words: “strategic or selective,” according to Wells Fargo’s Mike Brown. Brown is managing director of real estate syndication at Wells Fargo Securities. During a lending panel discussion at the 2023

David Sangree, Anne Gompel, and Adam Zarczynski are attending the International Association of Amusement Parks and Attractions Annual Expo from November 14-17 in Orlando. We’d love to hear from you! Visit H&LA at Booth 3042 in the Waterpark Pavilion area to discuss potential needs for market feasibility studies, appraisals, economic impact studies, or other consulting work. If you would like to

Our recent research for a project near Portland, Oregon 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 Portland and the surrounding areas in 2023 and beyond. Low-cost airline Breeze Airways began service out of the Portland International Jetport in

  David Sangree and Stephen Szczygiel are attending the 2023 World Waterpark Association Annual Symposium and Tradeshow on October 24-27 in New Orleans. David will be presenting at the Waterpark Development, Design, and Expansion Workshop. If you are attending WWA and would like to meet with David or Stephen, click on their names to send an