waterpark
This article explains the major components of a waterpark feasibility study that should be analyzed as part of determining the potential success of a waterpark project.
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 Appraisal Methodology A waterpark resort appraisal is similar to other appraisals in that it is a professional appraiser’s opinion of value. It is typically required by a lender before financing can be obtained for a new project. The scope of the project, including plans and development budgets should be well defined prior to the
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
In response to the COVID-19 pandemic, which has caused most waterparks and amusement parks to close or delay their seasonal openings, many operators are offering incentive for guests. One such operator is Schlitterbahn, who is extending their 2020 season passes to cover the 2021 season. We expect many parks and operators will offer similar perks
At the beginning of 2020, the continuing trend of two decades of growth was expected in the waterpark industry. Major projects will open throughout the United States in both the indoor and outdoor waterpark categories totaling over $1 billion in investment in 2020. Fourteen new standalone waterparks and one resort with outdoor waterpark are anticipated
2020 will be a big year for waterparks as construction is underway on a brand new, 223,000 square foot Kalahari Resort in Round Rock, Texas. The resort will come in at $550 million for construction, sit on 350 acres of land, and will be the largest indoor waterpark resort in the U.S. Check out some renderings of
Recreation Management published a great article on the waterpark industry, highlighting H&LA’s research for the 2019 waterpark season. Published by: Dave Ramont, Recreation Management Published date: October 2019 On a hot summer day, it’s pretty safe to say that most people would enjoy some refreshing ice cream. But it’s also a safe bet that many
Congratulations to our client, Wilderness Resorts and Waterparks on the announcement of their newest addition to Wilderness at the Smokies, Soaky Mountain Waterpark. H&LA completed the feasibility study for this expansion and we wish our client best of luck on this exciting expansion in 2020! Published by: Maggie Jones/Knoxville News Sentinel Published date: July 2019
Congrats to EPR Properties on Kartrite Resort! Set to open on Friday, this resort will be the largest waterpark in the state of New York at 80,000 square feet with 11 water attractions and 318,000 gallons of water! Published by: Joseph Spector/Poughkeepsie Journal Published date: April, 2019 THOMPSON – The Kartrite that’s set to open
This article was first published in the April Edition of World Waterpark Magazine For the ever-growing waterpark industry, 2019 will be another year for robust growth as over $1 billion in investment is slated for indoor and outdoor waterparks and their related resorts. We project 21 municipal and private outdoor waterparks will open and three
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
The waterpark industry continues to expand in North America, with more than $550 million worth of new investment in indoor and outdoor waterparks and their related resorts in 2016.
The waterpark industry continues to expand in North America, with more than $500 million of new investment in indoor and outdoor waterparks and their related resorts in 2015.
