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https://hladvisors.com/crystal-lagoon-opens-in-dayton/
It was a pleasure to work the developer on the feasibility analysis for this Crystal Lagoon development! Published by: Connect CRE/Mike Boyd Published date: September 2024 It’s not directly aligned with a master-planned community or development. The Angel Lagoon in the Houston suburb of Dayton is the country’s first full public-access venue of its kind.
https://hladvisors.com/surf-parks-industry-growth-and-trends-2024/
By: Stephen Szczygiel, CHIA Surfing is rapidly gaining traction, emerging as one of the fastest-growing water sports globally. According to the Sports and Fitness Industry Association (SFIA), participation in surfing surged by 28.5% in the United States in 2023, with one in every 100 Americans engaging in the sport (SFIA, 2023). The sport’s global appeal
https://hladvisors.com/more-hotels-around-the-world-report-an-average-rate-of-over-1000/
Published by: CoStar Analytics/Jan Freitag Published date: September 2024 Strong leisure demand from high-end travelers has supported robust pricing increases at high-end hotels. This translates to more hotels that can regularly charge well over $1,000 per room per night and are reporting an average daily rate, or ADR, of over $1,000 for the first half
https://hladvisors.com/blackstone-controlled-great-wolf-resorts-has-been-a-howling-success-its-ceo-is-now-hunting-out-new-opportunities/
Great article from Hotels Magazine that profiles Great Wolf Resorts and all they’ve been able to accomplish as a leader in waterparks and family entertainment. Published by: Hotels Magazine/David Eisen Published date: August 2024 Imagining Stephen Schwarzman, the billionaire CEO of Blackstone, barreling down a water slide at a Great Wolf Lodge indoor theme park
https://hladvisors.com/getting-the-gang-all-together/
It was great to get all the H&LA staff in one place for our summer retreat to talk about marketing and business development! We also welcomed Olivier Gompel, Vice President at Atrium Hospitality who gave our staff some insights into new hospitality data. We are truly lucky to have an amazing staff and we can’t
https://hladvisors.com/hla-development-update-salt-lake-city-utah/
Our recent research for a project in Salt Lake City, Utah 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 Salt Lake City and the surrounding areas in 2024 and beyond. In April 2024, the National Hockey League officially announced
https://hladvisors.com/surfs-up-new-water-parks-flood-the-valley/
H&LA’s David Sangree got a chance to weigh in with Phoenix Magazine for an article about some recent plans for waterpark attractions in the area. Arizona remains poised for future waterpark opportunities but development costs and water usage are prime concerns for any water attraction. Published by: Phoenix Magazine/Jimmy Magahern Published date: July, 2024 By
https://hladvisors.com/2024-global-analysis-of-the-impact-of-water-park-equipment-on-hotels-resorts/
H&LA was pleased to be part of the Global Hotels & Resorts Report 2024 with WhiteWater, which analyzed the impact of waterpark equipment on hotels and resorts worldwide. H&LA quantified the changes that the installation of WhiteWater products had on select properties. We analyzed performance figures concerning occupancy and ADR for multiple groups of properties
https://hladvisors.com/hla-development-update-sandusky-ohio/
Our recent research for a project in Sandusky, Ohio 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 Sandusky and the surrounding areas in 2024 and beyond. In 2024, Cedar Point opened the newly reimagined Top Thrill 2 roller coaster.
https://hladvisors.com/measuring-economic-impact-is-a-win-win-for-developers-and-municipalities/
By: David J. Sangree, MAI, CPA, ISHC At a time when financing for hospitality development projects is challenging for developers, it can often mean that some projects won’t ever come to fruition. At the same time, municipalities would like to increase their hotel or resort offerings to attract travelers to their destinations while remaining fiscally
