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https://hladvisors.com/hla-development-update-williamsburg-virginia/
Our recent research for a project in Williamsburg, Virginia revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Williamsburg and the surrounding areas in 2024 and beyond. A new Historic Triangle Indoor Sports Complex is planned for a site near
https://hladvisors.com/hla-supports-hospitality-education-at-msu/
Furthering education in the hospitality industry has been a goal of H&LA and its founder, David Sangree, for many years. In service of that goal, David sits on the School of Hospitality Business Real Estate Advisory Board at Michigan State University. Though not an alumnus of MSU, David recognizes the excellent education and unique opportunities
https://hladvisors.com/insights-from-hunter/
By: Anne Gompel, MAI, CHIA The Atlanta Marriott Marquis hosted another successful Hunter Hotel Investment Conference, gathering over 2,100 attendees from 950 companies cross 48 states. There was a level of cautious optimism from the 35th Hunter conference. One of the big topics this year was related to combating the staffing shortages that have plagued
https://hladvisors.com/waterparks-maintain-momentum-in-2024-amid-growth-and-new-opportunities/
By David J. Sangree, MAI, CPA, ISHC In 2023, waterpark owners and operators saw a more competitive market as attendance levels remained similar to 2022 while ticket pricing growth was more subdued. This occurred due to increased competition from a variety of additional attractions and entertainment venues in the post-pandemic economy. In 2023, 16 indoor
https://hladvisors.com/hla-attending-the-msu-real-estate-advisory-council-meeting/
H&LA’s David Sangree and Anthony DiPonio are attending the Michigan State University Real Estate Advisory Council Meeting April 11-12 sponsored by the School of Hospitality Business Broad College of Business. The School of Hospitality Business at MSU has launched the careers of thousands of leaders in hospitality and service professions and transformed the landscape of
https://hladvisors.com/shuttered-by-the-pandemic-closed-hotels-across-northeast-ohio-could-bring-redevelopment/
Published by: Stan Bullard/Crain’s Cleveland Published date: March, 2024 An oft-repeated joke among Northeast Ohio hotel owners and managers is that it’s not an overbuilt market, it’s an under-demolished one. In the wake of the COVID-19 pandemic, though, that may no longer be true. A study of the Cleveland-Akron hospitality business by David Sangree, president
https://hladvisors.com/see-you-at-hunter/
Anne Gompel, Vice President and head of the H&LA office in Atlanta, is attending the 35th annual Hunter Hotel Investment Conference on March 18-21 at the Atlanta Marriott Marquis. Anne would love to hear from you! If you would like to schedule a meeting with Anne at Hunter to talk about your feasibility study or
https://hladvisors.com/man-made-lagoons-gain-popularity/
By: Stephen Szczygiel, CHIA Man-made swimming lagoons, not to be confused with pools or waterparks, have emerged as a new and innovative way to enjoy recreational water activities. These large (over one acre of water surface) and uniquely designed aquatic venues present new opportunities within the residential, resort, and attractions industries. Over the past several
https://hladvisors.com/hla-development-update-peoria-illinois/
Our recent research for a project in Peoria, Illinois revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Peoria and the surrounding areas in 2024 and beyond. City officials in Peoria are moving forward with plans for a new downtown
https://hladvisors.com/blackstones-great-wolf-resorts-lines-up-1-billion-refinancing-in-sign-of-travel-rebound/
Published by: Mark Heschmeyer/CoStar News Published date: February 2024 Great Wolf Resorts, a company controlled by investment giant Blackstone, has arranged a roughly $1 billion partial refinancing of 14 hospitality and entertainment properties known for their indoor water parks. The deal illustrates how U.S. destination hotels have rebounded from the effects of the pandemic and,
