Our Publications & Research
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
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.
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
We project growth in the development of private and municipally owned waterparks. Explore the differences between these very different waterpark types.
Lender disinterest and equity contribution requirements make waterpark development funding difficult.
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.
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.
With the injection of new capital, Cleveland looks to new developments to boost hotel industry.
Overcome the challenges of waterpark financing with a thorough feasibility analysis and a comprehensive loan documentation package.
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.