By David J. Sangree, MAI, CPA, ISHC In 2023, waterpark owners and operators saw a more competitive market as attendance levels remained similar to 2022 while ticket pricing growth was more subdued. This occurred due to increased competition from a variety of additional attractions and entertainment venues in the post-pandemic economy. In 2023, 16 indoor

Congrats to our client, Tower Investments, on opening the Island Indoor Waterpark at Showboat in Atlantic City! H&LA was proud to be part of the project, completing the waterpark feasibility study.  The 103,000-square-foot waterpark is designed to give families a year-round option for the seaside destination. A retractable glass roof covers the waterpark, with the

While the project remains on hold, the Mall of America has released renderings of the potential waterpark that is still being considered at the site in conjunction with the City of Bloomington. Though construction costs and financing have presented challenges to the project, both the city and officials from Mall of America a still committed

H&LA offers congratulations to our client, Glenn Robinson and Grand Country Resort, on their newest expansion of the resort to include a 20,000 square foot addition of the Splash Country Indoors waterpark in Branson, Missouri. We were honored to work with the client to complete the feasibility study for the expansion. We wish Grand Country

Over the past few decades, there has been a growing trend globally of hotels and resorts adding waterpark attractions and features. Some properties have added one or two slides, and some have built a substantial waterpark attached to the resort. H&LA conducted a study for WhiteWater, the leading global manufacturer and designer of waterpark equipment,

Despite 2020 challenges, growth within the U.S. waterpark market is projected for 2021: See the article as published by WWA. The COVID-19 crisis was the definitive event of 2020. The lodging and attractions industries were among the most negatively impacted sectors and experienced record declines in occupancy, attendance, and revenue. With mandated closures, limited capacities,

Congratulations to our client, Hall of Fame Resort & Entertainment Company, on securing financing for Phase II of development at the Hall of Fame Village powered by Johnson Controls, which will include an indoor waterpark, hotel, retail, sports, and amusements. H&LA has completed multiple feasibility studies for the proposed development and we wish our client

At the virtual World Waterpark Association Annual Symposium and Tradeshow, David J. Sangree, MAI, CPA, ISHC spoke about the waterpark industry in 2020 in a presentation titled, U.S. Waterpark and Waterpark Resort Trends. This presentation addressed the challenges facing the industry in 2020 due to the COVID-19 pandemic as well as projections for 2021. Click

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

Imagine Hotels and Resorts has just announced development of their first resort in Hollister, Missouri! The 575,000-square-foot indoor waterpark resort will be situated on 68 acres within the Hollister city limits, and will feature a wide-array of amenities to attract and entertain multiple generations of families. Congratulations to Imagine Hotels and Resorts on this exciting

Despite COVID-19 concerns, the waterpark industry is still dynamic and poised for growth. The latest article from the International Association of Amusement Parks and Attractions (IAAPA), which cites H&LA research, discusses total investment, design trends, new and emerging markets for waterparks, the diversity in development, and the optimism for the future of the industry. Published

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 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

Congratulations to our client, Creek Indian Enterprises Development Authority, on the announced development of the indoor waterpark in Foley. H&LA had the opportunity to complete the waterpark feasibility study for this project in 2019. Construction on OWA’s new indoor waterpark underway in Foley