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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

After having completed the waterpark feasibility study, H&LA offers congratulations to our client, The Surland Companies, and to the City of Tracy on the $55 million waterpark project! Year-round water park coming to Tracy in 2021 Published by: Lena Howland/ABC10 Published date: October 2018 TRACY, Calif. — The City of Tracy is getting their own

H&LA’s David J. Sangree, MAI, CPA, ISHC is attending two hospitality conferences in October: The International Society of Hospitality Consultants (ISHC) Annual Conference on October 10-13 in Miami Beach, Florida; and the World Waterpark Association (WWA) Annual Symposium and Trade Show on October 23-26 in Las Vegas, Nevada. David will be a speaker at the

H&LA staff celebrated our company anniversary last week with our annual beach party… Here’s to the last 13 years and to many more to come! It’s a pleasure to work with such a great group of people!

The hotel industry will continue to boom as according to a new national report from Marcus & Millichap, strong employment growth and rising confidence levels will keep hotel  occupancy at a record high and support further RevPAR growth. Published by Brian J Rogal/GlobeSt.com Published date: September 2018 When the US economy accelerates, business travel and

Amusement Today’s The Golden Ticket Awards are presented annually to honor the “Best of the Best” in the amusement industry and are calculated from an international poll. The asks experienced amusement park voters around the country and world to rate the “bests” in 23 categories. Congrats to all the winners! CATEGORY WINNER Best Amusement Park

Hotel News Now published an article based on data from STR that looked at convention-center hotel openings and closings in Nashville, Tennessee; Cleveland; San Francisco; and Louisville, Kentucky to reflect on the performance data, pipeline and business mix of their respective submarkets. Published by Stephanie Ricca/Hotel News Now Published date: September 2018 Convention-center openings and

Congratulations to our client, Triple Five, on their exciting entertainment destination in New Jersey set to open in 2019!  The waterpark portion is slated to open after the rest of American Dream Meadowlands does, but construction teams are working on moving that opening date up. The entire development is expected to bring in 30 to 40 million visitors in the