David J. Sangree, MAI, CPA, ISHC was acknowledged by the Urban Land Institute for serving on the review committee for the 2015 Real Estate Trends in Northeastern Ohio.

An H&LA consultant is traveling to Ann Arbor, Michigan this week to gather market data and complete site inspections related to two hotel appraisals.

A January article in Ski Magazine by Joe Cutts, titled ‘Mountain of Money’, highlighted Jay Peaks Resort ceaseless construction. The owners of Jay Peak have taken advantage of the federal EB-5 Immigrant Investor Program. Wealthy foreigners who are willing to invest $500,000 in specially designated low-employment zones are rewarded with a green card for themselves and their families if their investments are determined by regulators to save or create jobs.

To kick off the New Year, our consultants are headed to Boston, Massachusetts and Cincinnati, Ohio this week for market research and fieldwork related to two hotel impact studies.

An H&LA consultant is traveling to College Park, Maryland this week for fieldwork and market research related to a hotel appraisal study.

H&LA offers our sincere congratulations to our client, EPT Concord II, LLC, for a successful bid to build a destination gaming resort in Upstate New York.

An H&LA consultant will be in Katy, Texas this week to analyze the local market and gather data related to an outdoor waterpark feasibility study.

As reported in Aquatics International, WhiteWater West has signed a major licensing deal with NASCAR. This deal marks the first time in the industry where an IP owner has licensed to a manufacturer.

Our consultants are headed to Poconos, Pennsylvania and Burnside, Kentucky to gather data and complete fieldwork related to a proposed indoor waterpark feasibility study and a proposed resort feasibility study.

Hotel News Now recently published an article about the opportunities that exist in the smaller hotel markets. The article quotes several speakers at the recent North American Hotel Investment Conference held in Chicago. The article stresses the importance of a hotel feasibility study when considering hotel development in these markets.

Our consultants are headed to Cincinnati, Ohio this week to obtain data and analyze the local hotel market for a consulting assignment that includes a comparable hotel market analysis.

Eric Hansen, President-Elect of the OTA, attended the Ohio Travel Association’s Advisory Board Meeting. The TourismOhio Advisory board met Nov. 13 to discuss the ongoing development of TourismOhio’s strategic plan and rebranding efforts.Through the OTA, Eric is able to stay on top of the hospitality industry in Ohio.

Our consultants are headed to Tipton, Pennsylvania and Dallas, Texas to analyze the local hospitality markets in connection with an outdoor waterpark appraisal and a hotel impact study.

Our consultants are headed to Seattle, Washington and Lake County, Illinois for fieldwork and market research related to an indoor waterpark feasibility study and a waterpark marketing analysis.

A recent article in the Cleveland Plain Dealer highlighted six new hotels that opened in the Cleveland market in the last 18 months. In addition to providing interesting facts about hotel occupancy and average daily rate, the article includes H&LA President David Sangree’s insight on what’s driving the city’s hotel boom.