Introduction The waterpark industry continues to expand in North America, with more than $1 billion in new investment in indoor and outdoor waterparks and their related resorts in 2018. Nearly 60 expansions and new facilities will open in 2018. We project 14 municipal and eight private outdoor waterparks will open, outpacing 2017’s nine municipal and
This article was originally published by Hotel News Now. With the start of the new year, many of us take stock of where we are and what 2018 holds in store. The status of the U.S. hotel industry partly depends on the lens you’re looking through—whether you’re a franchise company, developer, owner, operator or investor.
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: Statistics, Appraisal Issues,
At the 2017 World Waterpark Association Annual Symposium and Tradeshow, David Sangree gave a presentation highlighting new trends in waterpark and resorts in the U.S. and Canada. David emphasized trends in indoor and outdoor waterparks, as well as amusement parks. Several takeaways from his presentation include the following: The United States has the largest and
Over the past several years our consultancy has been asked to explore social entertainment options that enhance a patron’s experience whether at a resort, restaurant, casino, or mixed-use development. The trends of what’s hot and innovative always ignites the discussion. The evolution of social entertainment involves an innovative mix of activities, culinary, and entertainment value
Municipalities across the United States are seeking approvals, funding or public-private partnerships to develop or redevelop their convention centers with an attached, big-box hotel. City councils in Kansas City and Oklahoma City are in process of getting approvals and funding secured while Portland, Oregon, and Chicago have such projects underway. One of the latest convention
David Sangree discussed waterpark feasibility studies at the annual World Waterpark Association Symposium and Trade Show. David’s presentation focused on how to go about conducting hotel and waterpark feasibility studies. You can see his presentation by clicking on the link below. 2016-wwa-feasibility-presentation-sangree
David J. Sangree, MAI, gave a presentation on hotel appraisals and waterpark appraisals at the 2016 IRWA Appraisal Day seminar. Click the link below to see his presentation. 2016-irwa-appraisal-day-presentation
With the closure of almost 1,500 18-hole equivalent golf course in the last ten years, golf entertainment complexes offer a new spin on golf that has the potential to bring new players to the game.