Our Publications & Research

Cleveland Lodging Market Overview

New developments offer opportunities for growth in the Cleveland hotel market.

The Growing Gap in Hotel Sales

Buyers see opportunity in upper-tier hotel market as sales increase. Lower-tier market sees decline in sales as the great recession lingers.

Dry Ski Slopes: Indoor Skiing without Snow

What the new phenomena of dry ski slopes could mean for the industry. Areas with no snow can take a bite out of the ski market with opportunities for development.

Making Sense of Green Certifications

In today’s green environment it is important to address the various types and purposes of the certification programs available, and to assess key attributes about each program.

Appraisal and Market Analysis of Indoor Waterpark Resorts

An appraisal of an indoor waterpark resort is similar to other appraisals in that it is a professional appraiser’s opinion of value. It is typically required by a lender before financing can be obtained for a new project. The scope of the project, including plans and development budgets, should be well defined prior to the

Waterpark Resorts Supply and Demand 2010 Update

Analysis of current waterparks in the U.S. and Canada and those projected to open in 2010. Number of waterparks continues to climb, but at much slower pace than recent years.

Ohio’s Big City Lodging Boom

By: David J. Sangree, MAI, CPA, ISHC and Joseph Pierce, The economic upheaval of the past few years has impacted all industries. Nationwide, the hospitality industry experienced some of the sharpest declines in occupancy and average daily rate in 2009 since records have been kept. Gains in occupancy and rate that were made through the

Outdoor Waterparks: Private vs. Municipal

We project growth in the development of private and municipally owned waterparks. Explore the differences between these very different waterpark types.

Financing Your Indoor Waterpark

Lender disinterest and equity contribution requirements make waterpark development funding difficult.

Value Place: A Hotel/Apartment Fusion

Value Place has a unique niche in the extended-stay market. Explore the brand that looks like a hotel but acts like an apartment complex.

Is it Time to Appeal Your Property Taxes?

By David J. Sangree, MAI, CPA, ISHC, and Joseph Pierce Summary: The median sale price per room of hotels in the United States declined by over 40% between year-to-date October 2008 and year-to-date October 2009.  The dramatic decline is a result of the economic recession and the fact that there was a much smaller pool

Indoor Waterpark Resorts Supply and Demand Mid-Year 2009 Update

The recession has taken its toll on the waterpark industry. Indoor waterpark development expected to decline in 2009.

Dealing With the Downturn: 10 Ideas for Hotels and Resorts

Proactive strategies for hoteliers to improve profitability during the economic decline.

Cleveland’s Second Wind

With the injection of new capital, Cleveland looks to new developments to boost hotel industry.

Financing Your Indoor Waterpark

Overcome the challenges of waterpark financing with a thorough feasibility analysis and a comprehensive loan documentation package.