Our Blog

Marriott is cutting the industry standard 10% commission paid to third party booking channels to 7% in the U.S. and Canada. Check out the story at Meetings and Conventions News: http://www.meetings-conventions.com/News/Third-Party/Marriott-Cuts-Third-Party-planner-Commissions/?cid=eltrMtgNews&eid=dsangree@hladvisors.com

Meeting and Conventions Magazine published a story about how some NYC hotels are now adding an “urban destination fee” to their nightly room rate. The fees cover an array of services from high-speed internet access to laundry services and city walking tours. According to the article, hotels are on target to rake a record $2.7

H&LA President, David Sangree weighed in with The Cleveland Plain Dealer on the occupancy drop in Cleveland hotels in 2017: Published by: Susan Glasser/The Plain Dealer Published date: January 2018 Hotel occupancy in downtown Cleveland dipped for the second straight year, a result of the hotel building boom leading up to the Republican National Convention.

The Columbus Dispatch highlights comments, data, and research from David Sangree, MAI, CPA, ISHC on the recent hotel demand boom in Columbus, Ohio Published by: Marla Matzer Roe Published date: November 2017 Columbus has more hotels on track to open through 2019 than any other Ohio metro area, according to the Ohio Hotel & Lodging

Congratulations to Great Wolf Resorts on the announcement that they are opening a new Great Wolf Lodge hotel and waterpark in Arizona! When opened in 2019, this will be the 18th Great Wolf Lodge property. According to AZCentral.com, the 350-room all-suite hotel will be built next door to Salt River Fields, the Arizona Diamondbacks’ and Colorado

This great article from Hotel News Now offers some insightful predictions from industry leaders on where in the industry is headed in 2018. Published by: Bryan Wroten/Hotel News Now Published date: January 2018 Last year turned out to be a better year for the U.S. hotel industry than previously thought, thanks generally to a stronger

Hotel News Now has an insightful first look at what the new U.S. tax policy just passed by Congress may mean for the hotel industry. Published by: Aran Ryan and Jan Freitag/Hotel News Now Published date: December 2017 Voting began in Congress this week on a Republican tax-overhaul bill that aimed to resolve the differences between its

H&LA would like to congratulate our client, Blue Water Development, on the ground breaking of their new waterpark, Maui Jack’s in Chincoteague. H&LA completed the waterpark feasibility study for the proposed waterpark in 2016. The waterpark is slated to open Memorial Day weekend of 2018. An article at delmarvanow.com gives more information about this exciting

Last week, H&LA hotel appraisers, David Sangree, MAI; Laurel Keller, MAI; and Joseph Pierce, MAI attended Ohio Chapter of the Appraisal Institute’s 40th Annual Economic Seminar, a panel event with various members of the banking and appraisal related industries. David was a speaker at this years conference, with a presentation titled Ohio and National Lodging Industry Overview:

David Sangree, MAI, CPA, ISHC and Nuresh Maredia attended IAAPA’s annual convention and trade show in Orlando with over 38,000 other attendees last week. The show was the highest attended in several years and had a wealth of exhibits from a wide range of vendors for the attractions industry. The following are some key takeaways

H&LA’s hotel appraisers, David Sangree, MAI; Laurel Keller, MAI; and Joseph Pierce, MAI are headed to Powell, Ohio on December 1st for the Ohio Chapter of the Appraisal Institute’s 40th Annual Economic Seminar, a panel event with various members of the banking and appraisal related industries. H&LA President, David Sangree, is a speaker at this years conference,

H&LA Vice President, Laurel Keller, attended The Lodging Conference in Phoenix last week. Laurel had the following key takeaways from this year’s conference: Demand continues to outpace supply: 2.2% US hotel supply growth forecasted for 2018, with 1.9% demand increase according to STR. Rate growth has slowed from 4% to 2% on a trailing 12-month

H&LA’s David J. Sangree, MAI, CPA, ISHC and Nuresh Maredia are attending the International Association of Amusement Parks and Attractions (IAAPA) Annual Attractions Expo in Orlando, November 13-17th. If you are attending the conference and would like to schedule time to meet with David or Nuresh, send them an email. dsangree@hladvisors.com nmaredia@hladvisors.com

David Sangree, MAI, CPA, ISHC and John Burke attended the World Waterpark Association’s annual conference and tradeshow in West Palm Beach, Florida October 16-19, 2017. David was a speaker for two sessions including WWA University: Waterpark Development, Design & Expansion Workshop and Waterpark & Resort Trends Across the Globe. David and John had the following takeaways

Hotel feasibility and waterpark feasibility methodology was the topic of H&LA President, David J. Sangree, MAI, CPA, ISHC at the 2017 World Waterpark Association Annual Convention and Trade Show and at the Michigan State University’s School of Hospitality. David discussed the intricacies of determining feasibility for these complex assets. Click the link below to see