COVID-19

David Sangree recently sat down for an interview with Fox 8 News to discuss the on-going uncertainty for hotels in Cleveland due to the pandemic. David gives his insight into when things may start to recover for the entire industry in the event a vaccine or effective treatment for COVID-19 is developed. Published by: Maia

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. Hotel News Now is reporting that while the U.S. hotel industry at large can recover and thrive following a recession, that

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. Recent CBRE projections indicate that the U.S. hotel industry is poised to begin a multiyear recovery in the third quarter. Published

COVID-19 Impact on U.S. Waterparks and Waterpark Resorts

The current COVID-19 crisis continues to have a significant negative effect on the waterpark industry. Waterparks play a major role in providing entertainment, supporting job creation, fostering small business opportunities, and contributing to robust economic growth. Due to COVID-19, many outdoor waterparks delayed their season openings while others have decided, or were mandated, not to

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. The following article from CNN News discusses how 25% of hotel owners are struggling to pay their mortgages amid reduced travel.

In continued fallout from the COVID-19 pandemic, The Real Deal is reporting some hotels selling at deep discounts. As federal aid dries up, some hotels are also agreeing to costly financing options. Published by: The Real Deal/Staff Published date: July 2020 Cash-strapped hotel owners are selling properties at discounts and agreeing to sky-high interest rates with federal

As COVID-19 continues to hammer the hospitality industry, hotel F&B outlets are also continuing to adapt. This latest Hotel News Now article, which includes insights form H&LA’s David Sangree, reports that Food-and-beverage outlets have changed their layouts, enacted new protocols and scaled back the once-popular communal dining trend. Published by: Laura Koss-Feder/Hotel News Now Published

Analysts from STR and Tourism Economics offer insights into the firms’ updated forecast, which predicts a roughly two-year recovery for the U.S. hotel industry. Published by: Emmy Hise and Aran Ryan/Hotel News Now Published date: June 2020 BROOMFIELD, Colorado, and PHILADELPHIA—Forecasting U.S. hotel performance is a moving target due to unknown variables such as government regulations

As many waterparks and aquatic facilities begin to reopen in the wake of the COVID-19 pandemic, the World Waterpark Association has offered some helpful considerations for operators that will help ensure safety among guests. The information provided in these considerations is designed to help operators develop reopening action plans that meet the needs of their

Waterpark Financing Fundamentals

Among the many challenges facing the waterpark industry in 2020, one of the biggest questions on the minds of many developers is: after so many years of growth in the industry, are new waterpark projects still being financed? Financing a new construction waterpark has always been extremely difficult, but 2020 has the added complication of

As H&LA keeps abreast the continually changing impact of COVID-19 on the economy in general and hospitality sector in particular, we are sharing insights from industry experts and stakeholders with our clients and partners. This report from National Gold Foundations highlights the impact on the golf industry. Golf has been well-positioned throughout the pandemic as

As many parks and attractions begin to reopen in the wake of the COVID-19 pandemic, IAAPA has offered some guidelines for operators that will help ensure safety among guests. Some topline considerations include: Allow healthy people to enjoy the facility and encourage the use of masks/face coverings for guests and staff. Provide means to wash/sanitize

As many attractions struggle amid the fallout from the COVID-19 pandemic, this article from Bloomberg news highlights the struggles of a prominent Poconos indoor waterpark as they grapple with closure and further mandates to designed to combat the spread of COVID-19, Published by: Oshrat Carmiel/Bloomberg Published date: May 2020 One of America’s biggest indoor water

H&LA’s David Sangree got the opportunity to weigh in for an article in the Times Herald-Record on the challenges for Legoland’s owner Merlin Entertainment in the wake of the COVID-19 pandemic that is challenging leisure attractions worldwide. Published by: Daniel Axelrod/Times Herald-RecordPublished date: May 2020 Legoland New York’s parent company is in survival mode, recently

Many thanks to the Ohio Travel Association for the opportunity to have a Q&A session on some of the effects on the travel and tourism industry from the COVID-19 pandemic. H&LA’s David Sangree answered some thoughtful questions and give his insights into what we can expect for some important tourism industries as the country slowly