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According to STR, the U.S. room construction total represented a 2.2% decrease compared with April 2017. The number of hotel rooms under construction in the U.S. has now declined in six of the last seven months.
The waterpark industry continues to expand in North America, with more than $1 billion in new investment in indoor and outdoor waterparks and their related resorts slated for 2018. In the latest edition of ParkWorld Magazine, David Sangree discusses new development and where the industry is heading in 2018 and beyond. https://content.yudu.com/web/69r/0Aiy7l/PWMay2018/html/index.html?page=24&origin=reader
David Sangree, MAI, CPA, IHSC and John Burke are headed to the NYU International Hospitality Industry Investment Conference, taking place June 3-5 at the Marriott Marquis in New York City. If you’re headed to the conference and would like to meet with David or John, click on their names to send an email.
Hotel News Now breaks down the CBRE “Trends in the Hotel Industry” study that shows U.S. hoteliers saw revenue growth in 2017 while keeping rising expenses low. Published by: Robert Mandelbaum/Hotel News Now Published date: May, 2018 Hoteliers in the U.S. enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the
Published by: Sam McCaffery/BlooLoop Published Date: April, 2018 In an earnings call this week, Jim Reid-Anderson, CEO of Six Flags Entertainment, said that the company plans to accelerate its strategy to purchase water parks and theme parks close to properties it already owns. “There are dozens of parks within reasonable driving distance of our existing portfolio in
Development in the Poconos isn’t done yet! Township officials have announced plans to create a massive $350 million development project dubbed Pocono Springs Entertainment Village, which will include a 75,000 square foot aquarium, a movie theater, helium balloon rides and space for a slew of retail and restaurant spaces. The site is adjacent to the
Introduction The waterpark industry continues to expand in North America, with more than $1 billion in new investment in indoor and outdoor waterparks and their related resorts in 2018. Nearly 60 expansions and new facilities will open in 2018. We project 14 municipal and eight private outdoor waterparks will open, outpacing 2017’s nine municipal and
U.S. News and World Report’s Top 30 Indoor Waterparks from around the world… It’s great to see so many wonderful properties we’ve worked with on the list! We have had the pleasure of working with a majority of the properties in North America in preparing waterpark feasibility studies, appraisals, economic impact studies, and other consulting
H&LA was pleased and proud to have taken part in the Epic Waters project in Grand Prairie, Texas, preparing the waterpark feasibility study for the project. Now open, Epic Waters is gathering much deserved support and attention from leaders in the industry. This insightful article showcases interviews with several key people who helped bring the
H&LA congratulates our clients Great Wolf Resorts and Centerbridge Partners on the newest Great Wolf Lodge project slated for Manteca, California! http://www.mantecabulletin.com/section/1/article/150539/