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https://hladvisors.com/the-impact-of-water-park-equipment-on-hotels-and-resorts-iaapa-2022/
H&LA’s David Sangree attended the International Association of Amusement Parks and Attractions (IAAPA) annual conference in November at the Gaylord Palms Resort in Orlando. David was a featured speaker, along with Una deBoer and Johann Krieger, at the seminar titled, “The Results are In: The Impact of Water Park Equipment on Hotels and Resorts.” This
https://hladvisors.com/hall-of-fame-resort-and-entertainment-company-secures-financing-to-facilitate-completion-of-phase-ii-development/
Congratulations to our client, Hall of Fame Village, in securing $50 million in funding to help develop the planned waterpark! Published by: Yahoo Finance Published date: November 2022 CANTON, Ohio, Nov. 9, 2022 /PRNewswire/ — Hall of Fame Resort & Entertainment Company (“HOFV” or the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered
https://hladvisors.com/david-j-sangree-inducted-into-wwa-hall-of-fame/
The World Waterpark Association inducted H&LA’s president, David Sangree, into their Hall of Fame at the 2022 annual conference. The WWA Hall of Fame “exists to recognize and honor those individuals who have made noteworthy achievements in the development and advancement of the water attractions industry. The WWA Hall of Fame celebrates individuals who have
https://hladvisors.com/new-tower-opens-at-hilton-columbus-making-high-street-hotel-ohios-largest-with-1000-rooms/
Ohio has a new largest hotel after the Hilton Columbus unveiled its 463-room expansion, taking the room count to over 1,000 rooms. H&LA’s David Sangree weighed in for this Cleveland.com article about the Hilton Columbus, indicating the hotel may struggle in its first year due to adding so many rooms in a market that is
https://hladvisors.com/takeaways-from-the-2022-wwa-conference/
David J. Sangree, MAI, CPA, ISHC and Adam Zarczynski, CHIA attended the World Waterpark Association annual conference in Las Vegas, Nevada in October. They enjoyed seeing many familiar faces and meeting new people at the conference. Here are some key highlights from the conference: The conference had record attendance, with over 1,500 attendees. This indicated
https://hladvisors.com/hla-development-update-syracuse-new-york-2/
H&LA’s 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 2022 and beyond. In October of 2021, the City of Sandusky reached an agreement with Cedar
https://hladvisors.com/us-short-term-rental-market-poised-for-further-growth/
Over the past decade, the short-term rental industry has taken the world by storm, affecting not just where people stay while traveling, but also how they vacation in general. Before 2008, short-term rental websites existed, but Airbnb revolutionized the home-sharing concept and essentially created a new category of rental housing. Similar platforms emerged, and in
https://hladvisors.com/wwa-presentation-methodology-for-waterpark-and-resort-feasibility-studies/
David J. Sangree, MAI, CPA, ISHC and Adam Zarczynski, CHIA attended the World Waterpark Association annual conference in Las Vegas, Nevada in October 2022. It was a record-breaking year for attendance and it was great to see many familiar faces and meet new people at the conference as well. David and Adam lead a session
https://hladvisors.com/as-long-as-guests-pay-resort-fees-stay/
For properties that can sell their value to guests, resort fees remain here to stay. As this article from Hotel News Now suggests, as these fees climb, transparency is the key to success. Published by Laura Koss-Feder/Hotel News Now Published date: September 2022 Travelers may complain about resort fees when they see the final bill,
https://hladvisors.com/us-hotel-demand-most-resilient-in-small-town-interstate-markets/
By Robert McCune Hotel News Now In a stress test like no other the hotel industry has experienced before, hotels in small-town markets and along interstates in the U.S. proved to be the most resilient to the demand crisis wrought by the COVID-19 pandemic. A review of hotel market performance shows that in April 2020, at
