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  • https://hladvisors.com/the-push-continues-in-2019-for-resort-fees/

    A recent article in the Wall Street Journal highlighted the continued rise in resort fees across all sectors of the hotel landscape. Though in the past, these fees were typically only assessed at resort locations, they are increasingly being deployed in urban and suburban market as “facility” or “destination” fees to cover the cost associated

  • https://hladvisors.com/great-wolf-lodge-in-the-works-in-maryland/

    Maryland may be home to the next Great Wolf Lodge. Officials in Perryville and Cecil County said they are close to finishing a deal for a $200 million waterpark resort on a site next to the Hollywood Casino in Perryville. The development is expected to open by summer 2022. The proposed resort will feature an indoor/outdoor waterpark, climbing

  • https://hladvisors.com/imagine-hotels-and-resorts-partners-with-hasbro-for-an-indoor-waterpark-resort/

    Imagine Hotels and Resorts is partnering with Hasbro to develop a themed indoor waterpark resort, set to open in 2022. While the location has yet to be named, the resort will feature themed hotel rooms and entertainment, an indoor water park and experiences inspired by Hasbro brands, including My Little Pony, NERF, Monopoly, Mr. Potato

  • https://hladvisors.com/hotel-financing-for-the-next-ten-years/

    Great article from Hotel News Now that looks at the possible challenges facing hotel financing over the next decade: Published by: Zak Selbert/Hotel News Now Published date: December 2018 This economic cycle has been long by historical standards. Hotels have been improving their performance for ten years straight, despite headwinds including Airbnb, oversupply, rising costs

  • https://hladvisors.com/pga-of-america-to-relocate-to-frisco-with-massive-omni-hotels-backed-development/

    Congratulations to our client, VisitFrisco and the Frisco Economic Development Corporation on the announcement that the PGA of America is moving its headquarters from Palm Beach County, Florida, to Frisco, where it will anchor a 600-acre, mixed-use development with an initial investment worth more than a half-billion. Part of the development will include an Omni

  • https://hladvisors.com/the-reality-of-the-dual-branded-hotel/

    Dual-branded hotels have gained popularity over the past several years. The following article from CBRE examines the operating efficiencies and discusses whether these dual-brands deliver them to owners. DUAL-BRANDED HOTELS: BEWARE EXPECTATIONS OF SIGNIFICANT OPERATING EFFICIENCIES Published by: Robert Mandelbaum and Gary McDade/CBRE Published date: December 2018 For the past four years the opening of

  • https://hladvisors.com/takeaways-from-the-2018-iaapa-attractions-expo/

    H&LA’s Joseph Pierce, MAI and Nuresh Maredia attended the IAAPA conference in Florida. Here are a few takeaways from the conference: IAAPA introduced its new brand as the Global Association for the Attractions Industry.  The brand is intended to communicate the diversity of the attractions industry, its forward motion, connection and strength as an industry

  • https://hladvisors.com/the-rise-of-retailtainment/

    As published by Park World Magazine: The American shopping mall has seen rapid growth over several decades since the 1950s. These retail havens were anchored by large department stores that attracted shoppers and made the American mall popular with the masses, but the rise of e-commerce and the explosion of online shopping have changed the

  • https://hladvisors.com/hotel-valuation-techniques/

    David J. Sangree, MAI, CPA, ISHC recently gave a presentation on hotel valuation techniques at the Institute for Professionals in Taxation annual Property Tax Symposium. David discussed the hotel valuation process, including the market analysis and all three approaches to valuing income producing properties: income approach, sales comparison approach, and the cost approach. David was joined

  • https://hladvisors.com/typhoon-texas-plans-new-waterpark-attraction-for-2020/

    Congrats to out client, Typhoon Texas, on their plans for an expansion in 2020! Published by: Mike Parker/Statesman Published date: November 2018 A new restaurant, a new water park attraction and parking lot improvements are part of an amended agreement that has received initial approval between Typhoon Texas and the city’s economic arm. The Pflugerville