waterpark development

Waterparks Maintain Momentum in 2024 Amid Growth and New Opportunities

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

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

Waterparks Poised for More Growth Amid Robust Recovery

In 2022, waterpark owners and operators breathed a sigh of relief as the industry shifted back to normal in the wake of two years of uncertainty. With the pandemic a rearview concern in 2022, most waterparks continued their recovery to see attendance improve. This robust performance paved the way for new growth in all segments

Waterpark Resort Development: Successes and Pitfalls

This article was created for and first published by InPark Magazine, and is shared with permission. Visit www.inparkmagazine.com. The waterpark industry continues to flourish in the United States and Canada. While the pandemic slowed demand and growth in 2020 and 2021, 2022 has largely been a return to normal for operators but also for developers

Hotel & Leisure Advisors is working on behalf of Mobile County, Alabama, to solicit qualifications and proposals from experienced firms to develop an outdoor waterpark on a 25-acre site that will either be sold or leased to the developer for the project. The subject site is located adjacent to the under-construction Mobile County Sportsplex Complex

Congratulations to our client, Bayou Phoenix, on being chosen by the city of New Orleans to develop a STEM center, hotel, waterpark, amusement park, and sports complex. H&LA was please to prepare the preliminary feasibility analysis for the waterpark and we wish Bayou Phoenix best of luck with this exciting and expansive development! Published by:

Takeaways from WWA

David J. Sangree, MAI, CPA, ISHC and Nuresh Maredia, CHIA attended the World Waterpark Association annual conference in San Antonio, Texas in October 2021. After missing a year due to the COVID pandemic, it was great to see many familiar faces and meet new people at the conference as well. Here are some key highlights