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https://hladvisors.com/will-theme-parks-open-this-summer/
As we keep abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, the following article discusses whether or not U.S. theme parks will open this summer amid further pandemic fears and stay-at-home orders. While most year-round attractions are closed, it remains to be seen whether the seasonal
https://hladvisors.com/schlitterbahn-waterparks-extends-2020-season-passes-through-2021/
In response to the COVID-19 pandemic, which has caused most waterparks and amusement parks to close or delay their seasonal openings, many operators are offering incentive for guests. One such operator is Schlitterbahn, who is extending their 2020 season passes to cover the 2021 season. We expect many parks and operators will offer similar perks
https://hladvisors.com/covid-19-the-survival-of-cruise-lines-and-small-theme-parks/
As we keep abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, the following Barron’s article details comments from James Hardiman, who covers leisure stocks for Wedbush Securities. He spoke about whether regional theme parks and cruise lines can survive and the long-term outlook for travel industry.
https://hladvisors.com/the-impact-of-covid-19-on-hotels/
As we keep abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, the following HVS report details some of the unprecedented impact on hotel owners, operators, and investors. Published by: Anne. R. Lloyd-Jones, Suzanne R. Mellen, and Tanya J. Pierson (HVS) Published date: April 2020 The COVID-19
https://hladvisors.com/u-s-and-canada-waterpark-and-resort-trends-in-2020/
At the beginning of 2020, the continuing trend of two decades of growth was expected in the waterpark industry. Major projects will open throughout the United States in both the indoor and outdoor waterpark categories totaling over $1 billion in investment in 2020. Fourteen new standalone waterparks and one resort with outdoor waterpark are anticipated
https://hladvisors.com/big-splash-the-worlds-largest-designer-of-water-parks/
Great article from the BBC News Toronto on Whitewater West’s Geoff Chutter. Geoff opened Canada’s second waterpark in British Columbia, Canada in 1980. Fast forward 40 years, and Geoff’s business – Whitewater West – is today the world’s largest designer and manufacturer of water parks. H&LA’s David Sangree was honored to contribute a quote for
https://hladvisors.com/cbres-updated-forecast-for-2020/
Great insight in to things to come in the economy in 2020 as we continue to experience fallout form the coronavirus across all segments. CBRE states that according to Oxford Economics, the U.S. economy is already in a recession. Oxford predicts that, “the coronavirus pandemic will lead to a profound, pervasive, and persistent, but not
https://hladvisors.com/how-hotels-are-keeping-guests-staff-safe-from-covid-19/
As COVID-19 continues to spread, hoteliers have instituted new health and safety protocols as part of ever-evolving operating procedures to help their employees and guests. Check out the latest Hotel News Now article that discusses the additional measures being taken to combat coronavirus. Published by: Laura Koss-Feder/Hotel News Now Published date: March 2020 While many
https://hladvisors.com/lodging-industry-update/
Cleveland Research Company provides real time, up-to-date statistics on the state of the lodging industry in the wake of the global pandemic that is rocking the industry. Key Points of their latest update: Hotel demand continues to fall, with anticipated RevPAR declines accelerating in the last few days. What began with Group cancels and corporate
https://hladvisors.com/hla-conference-news/
H&LA Conference News: H&LA’s Joseph Pierce, MAI and Stephen Szczygiel are attending some exciting industry conferences in March! Joseph is attending the Hunter Hotel Investment Conference in Atlanta, March 18th -20th. Stephen is attending the National Indian Gaming Association Conference in San Diego, March 24th – 27th. Joseph Pierce, MAI Director of Appraisal & Consulting Services 216-810-5803 If you are
