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STR and Tourism Economics have downgraded their U.S. hotel forecast through 2026, citing weaker early 2024 performance and economic pressures. Revised projections show slower growth in ADR and RevPAR, with demand softening among cost-conscious travelers. While luxury hotels remain resilient, overall industry recovery is expected to be moderate amid high interest rates and cautious consumer
Last week, the H&LA team came together for our annual corporate retreat, which presented a great opportunity to connect, learn, and refocus with our awesome staff. This year, we were fortunate to welcome several guest speakers from the hospitality industry who brought fresh insights into hotel operations and waterpark resort design. A big thank you
Great Wolf Lodge has recently adjusted its resort fee structure, reducing or eliminating fees at some locations. This move aligns with broader industry trends toward greater pricing transparency, as consumers and lawmakers increasingly scrutinize hidden fees. Traditionally, resort fees have been a significant source of ancillary revenue for indoor waterpark resorts, covering amenities like Wi-Fi,
The debut of Great Wolf Lodge in Mashantucket marks a major expansion of Connecticut’s growing theme and water park industry. The $300 million indoor resort is expected to draw 500,000 visitors annually, adding new competition for established parks like Quassy and Lake Compounce. Despite this, local operators see the development as a positive sign of
Our recent research for a project in Northern New Mexico 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 Albuquerque, Santa Fee, and the surrounding areas in 2025 and beyond. For the second year in a row, readers of Travel
As momentum builds around the proposed new Cleveland Browns stadium, a recent article from ABC’s News 5 Cleveland spotlights growing pushback from the Cleveland Hotel Association. The group is pushing back against a proposed 1% hike in the county’s bed tax, a key funding source for the $2.4 billion domed stadium in Brook Park. With
On behalf of Reeves County, Texas, Hotel & Leisure Advisors invites qualified developers to submit proposals for the development of an approximately 120-room, select-service hotel in Pecos, Texas. The hotel will be adjacent to the county-developed Cyclone Ballparks and the under-development 50,000-square-foot $49 million indoor waterpark. Pecos is the largest community between Odessa and El
Our recent research for a project in Bristol, Virginia 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 Bristol and the surrounding areas in 2025 and beyond. The new permanent Hard Rock Hotel & Casino Bristol opened in Bristol, Virginia,
H&LA’s David Sangree recently shared insights with the City of Conneaut, unveiling the results of a comprehensive hotel feasibility study conducted across four cities in Ashtabula County, Ohio. The study explored strategic lodging opportunities tailored to each community, providing recommendations to enhance the region’s hospitality offerings. By identifying the most promising hotel and lodging options,
H&LA congratulates our client, Therme Group, on the $800 million investment in their first U.S. spa resort. We are honored to have worked with Therme to see their development plans come to fruition and wish them luck with this exciting and unique project! Published by: Nick Wooten/Dallas Morning News Published date: March 2025 Therme Group,
Hospitality analysts raise concerns of ‘bumpy’ 2025 that could cause consumers to reduce travel spend Published by: Hotel News Now/Dan Kubacki Published date: March 2025 Market volatility, wavering consumer confidence and overall uncertainty are making it difficult to forecast where the U.S. hotel industry is headed. U.S. hotel demand isn’t as strong as it looks,
Congratulations to our client, Herchend Family Entertainment, on the recent acquisition of Palace Entertainment’s U.S. properties. This is a significant milestone for Herschend, supporting its strategic expansion in family entertainment and hospitality. Published by: Business Wire Published date: March 2025 Herschend and Parques Reunidos have signed a definitive agreement under which Herschend will acquire all of Palace Entertainment’s U.S.
Our recent research for a project in Columbus, Ohio 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 Columbus and the surrounding areas in 2025 and beyond. The Columbus Zoo and Aquarium is currently planning the largest renovation and expansion
Published by: Nancy Patterson/Blooloop Published date: March 2025 All right, water parkers, I took one for the team and read a ton of 2025 travel and trend articles, blogs, reports. Here is my opinion of what we might collectively consider. Many water parks are being built, planned, talked about, renovated, and added to. Both of the indoor
