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https://hladvisors.com/u-s-travel-forecast-all-sectors-projected-to-surge-in-short-term/
Hotel Business is reporting on the forecast from the U.S. Travel Association that indicated all segments of travel will surge in the short term, despite inflation concerns. Pent up demand and consumer savings will drive the surge, though it remains unclear if recession fears will dampen expectations. Published by: Hotel Business Published date: June 2022
https://hladvisors.com/nyu-investment-conference-takeaways/
David Sangree, MAI, CPA, ISHC had the opportunity to attend the NYU International Hospitality Industry Investment Conference on June 6-7 at the New York Marriott Marquis. The following are some key highlights from the conference. ADR growth: The growth in ADR in 2022 has exceeded everyone’s projections for the industry. The actual ADR is above
https://hladvisors.com/former-great-wolf-water-park-executives-see-hotels-as-gaming-resorts/
Published by Mark Heschmeyer/CoStar News Published date: May 2022 Alpine Acquisition, which raised more than $100 million in a blank-check offering last fall, is ready to return that money to work backing former Great Wolf Resorts indoor water park executives with plans to open immersive entertainment destinations. The strategy is the latest example of how
https://hladvisors.com/hla-development-update-austin-round-rock-texas-2/
H&LA’s recent research for project near Austin and Round Rock, Texas 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 Austin and the surrounding areas in 2022 and beyond. On-going pandemic concerns may alter timelines for some of these projects.
https://hladvisors.com/getting-the-gang-back-together/
For the first time since before the pandemic, we held a company retreat for all staff of H&LA from our Ohio and Texas offices. It was a great opportunity to connect and spend time with colleagues and get to know one another a bit better as a result. H&LA is lucky to have such a
https://hladvisors.com/resort-demand-throws-fuel-on-the-fire-for-hyatts-global-acceleration/
Hotel News Now is reporting that a leisure-led recovery is underway for Hyatt Hotels and Resorts. Though the company reported a $75 million first-quarter loss, it recorded its highest ADR on record for March and April. Published by: Sean McCracken/Hotel News Now Published date: May 2022 Extremely strong bookings at high rates for the company’s
https://hladvisors.com/resort-managers-price-services-amenities-to-maximize-revenue-opportunities/
Check out the latest article from Hotel News Now about how resorts look to maximize revenue with dynamic pricing models. Many thanks to Laura Koss-Feder and Hotel News Now for including H&LA’s David Sangree as a source. Published by Laura Koss-Feder/Hotel News Now Published date: May 5, 2022 Hotel revenue management has gone far beyond pricing guest
https://hladvisors.com/business-group-travelers-claim-larger-share-of-hiltons-guest-mix/
Check out the latest article from Hotel News Now that highlights some evidence from Hilton Hotels that business and group demand are set for recovery as demand creeps toward pre-pandemic levels. Published by Dan Kubacki/Hotel News Now Published date: May 3, 2022 | Executives at Hilton see clear evidence of the return of business travel and
https://hladvisors.com/takeaways-from-the-hunter-hotel-investment-confernce/
H&LA’s Stephen Szczygiel attended the 2022 Hunter Hotel Investment Conference, which presented outlooks from some of the largest operators, financiers, and other industry leaders. In a pleasant change from prior years, while the industry grappled with the fallout from the COVID-19 pandemic, the great majority of these perspectives were bullish on recovery. Key takeaways regarding
https://hladvisors.com/waterpark-riding-a-recovery-wave-in-2022/
After two years of pandemic concerns that saw many waterparks remain closed throughout 2020 and suffer continued disruption in 2021, 2022 is anticipated to be a pivot back to normal for the industry. As vaccines are now widely available and COVID becomes endemic, waterparks are poised to capitalize on pent-up demand and return to pre-COVID
