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https://hladvisors.com/ishc-honors-tracy-prigmore-with-the-pioneer-award-at-alis/
Los Angeles – February 6, 2024 – The International Society of Hospitality Consultants (ISHC) in partnership with the Americas Lodging Investment Summit (ALIS) presented Tracy Prigmore, Founder of TLTsolutions and creator of She Has a Deal., with the 2024 Pioneer Award. Kristie Dickinson, ISHC President and Managing Director/EVP of CHMWarnick presented Prigmore with the award during the conference plenary
https://hladvisors.com/over-300000-visitors-anticipated-for-proposed-bradley-water-park/
H&LA was pleased to provide the feasibility analysis to for the village of Bradley for the proposed waterpark development. We wish the village much success as they work to get this project off the ground. Published by: Daily Journal/Lee Provost Published date: February 2024 Folks in the village of Bradley and beyond should get their
https://hladvisors.com/hotel-occupancy-is-up-and-so-are-overnight-rates-in-downtown-cleveland-and-across-the-region/
Published by: Cleveland.com/Susan Glaser Published date: January 2024 CLEVELAND, Ohio – Cleveland-area hotels have almost fully recovered from the pandemic, at least by one important metric – the percentage of rooms that are filled on an average day. Hotel occupancy rates in Greater Cleveland averaged 60.5% in 2023 – nearly identical to the 60.7% rate
https://hladvisors.com/hla-development-update-grand-rapids-michigan/
Our recent research for a project in Grand Rapids, Michigan 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 Grand Rapids and the surrounding areas in 2024 and beyond. Groundbreaking for a new 12,000-capacity amphitheater in downtown Grand Rapids is
https://hladvisors.com/an-inside-look-at-palm-springs-surf-club/
H&LA’s David Sangree visited the Palm Springs Surf Club in January of 2024 and was very impressed with the quality of the offerings of the redeveloped Wet ‘n Wild Palm Springs waterpark. Unfortunately, the surf pool, lazy river, and slides were not operational on the day of his visit as they were still tweaking the
https://hladvisors.com/u-s-hotel-lending-likely-to-get-more-challenging/
Lending for U.S. hotels is likely to face challenges going into 2024 as rates remain high. Published by: Hotel Management/Esther Hertzfeld Published date: January 2024 While a potential economic slowdown will have impact throughout the hotel industry, one of the areas poised to see the biggest challenge is the hotel lending market, according to several
https://hladvisors.com/hotel-group-bookings-revenue-ramp-up-in-2024/
Hotel News Now indicated larger meetings and events will be a factor in 2024 and it will impact bookings at hotels as revenues are expected to rise. Published by: Hotel News Now/Dana Miller Published date: January 2024 Group demand is coming back at a stronger clip in 2024, and for some hotel companies it’s shaping
https://hladvisors.com/2023-a-year-of-new-challenges-and-opportunities-for-hoteliers/
The hotel industry has moved on from many challenges that have plagued it since the COVID-19 pandemic, but new challenges and opportunities have presented themselves in 2023. Carrying on from 2022, markets continue to deal with the highest cost of debt in decades, but the fear of a recession has receded, and the possibility of
https://hladvisors.com/wwa-presentation-methodology-for-waterpark-and-resort-feasibility-studies-2/
David J. Sangree, MAI, CPA, ISHC and Stephen Szczgiel, CHIA attended the World Waterpark Association annual conference in New Orleans in October 2023. David and Stephen lead a session at the Waterpark Development and Design Workshop on how to perform a market feasibility study for a waterpark or waterpark resort. A copy of the presentation
https://hladvisors.com/atlanta-cbd-hotel-submarket-continuing-to-push-forward/
With the busiest airport in the world and a lower cost of doing business than peer regions, Metro Atlanta is the key inland distribution hub of the Southeast. Metro Atlanta is home to 17 Fortune 500 corporations like The Home Depot, Coca-Cola, Delta Air Lines, and UPS. It also sustains a diverse economy centered around
