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
The recession has taken its toll on the waterpark industry. Indoor waterpark development expected to decline in 2009.
Proactive strategies for hoteliers to improve profitability during the economic decline.
This family oriented resort segment is established as a viable segment of the travel industry. Wide family appeal has bolstered the growth of North American indoor waterparks.
Water conservation at waterparks is a naturally occurring design principle. Owners in drought stricken areas need to increase awareness of conservation and change public perception.
An analysis of existing indoor waterpark destination resorts and preview of those expected to open in 2008.
Methodology for preparing impact studies on existing and proposed hotels.