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https://hladvisors.com/takeaways-from-iaapa-2019/
H&LA’s David Sangree, MAI, CPA, ISHC and Joseph Pierce, MAI attended the IAAPA Expo in November. The Expo was well-attended as always with over 40,000 attendees and hundreds of exhibits showcasing the latest and greatest in industry technology and services. David and Joseph had several key takeaways from the conference: Labor cost and availability are
https://hladvisors.com/the-retailtainment-trend-no-signs-of-slowing-down/
The “Retailtainment” Trend: No Signs of Slowing Down as published by Park World Magazine, November 2019 By Nuresh Maredia It’s no secret that the face of retail is rapidly changing. America’s malls are facing the fallout from not just the rise of e-commerce but also an overabundance of retail space and changes in consumer behavior.
https://hladvisors.com/just-add-water/
Recreation Management published a great article on the waterpark industry, highlighting H&LA’s research for the 2019 waterpark season. Published by: Dave Ramont, Recreation Management Published date: October 2019 On a hot summer day, it’s pretty safe to say that most people would enjoy some refreshing ice cream. But it’s also a safe bet that many
https://hladvisors.com/equity-yield-rates-on-the-decline/
Published by: Katy Black and Rodney Clough/Hotel Online Published date: November 2019 HVS continually tracks the rates of return on the assets on which we consult. In our most recent review, we found that equity yield rates, on average, have shown a continued trend of decline in the full-service and luxury hotels sector, as well
https://hladvisors.com/hla-development-update-irving-texas/
H&LA’s recent research for a project in Irving, Texas revealed some exciting new hospitality-related developments happening in the area. These developments will have a major impact on tourism, employment, and the general economy in the Irving area in 2019 and beyond. A new $200 million concert venue called The Pavilion at Toyota Music Factory opened
https://hladvisors.com/meet-hla-at-iaapa/
H&LA’s David J. Sangree and Joseph Pierce are attending the International Association of Amusement Parks and Attractions (IAAPA) Expo on November 18-21 in Orlando. David and Joseph look forward to meeting and getting to know other industry professionals from all across the globe at this exciting event! David J. Sangree, MAI, CPA, ISHC President 216-810-5800
https://hladvisors.com/jack-entertainment-announces-843-million-sale-leaseback-deal-with-vici-properties/
Big news for Jack Entertainment! Published by: Rich Exner/Cleveland.com Published date: October 2019 CLEVELAND, Ohio – Dan Gilbert’s JACK Entertainment announced Monday an $843 million sale/leaseback deal with VICI Properties real estate trust for JACK’s downtown Cleveland casino and suburban Thistledown Racino. Both properties will continue to operate under the JACK name. VICI Properties’ portfolio
https://hladvisors.com/how-hoteliers-diversify-their-employee-search-process/
In an insightful article, Hotel News Now explores how hoteliers are turning to some new sources in a tight labor market to find talent. H&LA’s David Sangree is quoted in the article as well, citing trends gaining traction in recruitment and referrals for employees. Published by: Laura Koss-Feder/Hotel News Now Published date: October 2019 As
https://hladvisors.com/baha-mar-announces-300-million-expansion-and-waterpark/
Congrats to our client, Baha Mar Resort, on the news of their $300 million expansion that will include a waterpark. We wish everyone at Baha Mar much success in the expansion of the resort and look forward to seeing the finished product! Published by: blooloop.com Published date: October 2019 Baha Mar resort complex in the
https://hladvisors.com/hla-development-update-newport-kentucky/
H&LA’s recent research for a project in Newport, Kentucky revealed some exciting new hospitality-related developments happening in the area. These developments will have a major impact on tourism, employment, and the general economy in the Newport area in 2019 and beyond. In 2018, the Newport on the Levee retail/entertainment complex was sold to Cincinnati-based North
