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A hospitality consulting firm specializing in appraisals, feasibility studies, project development analyses, impact analyses, economic impact studies, and litigation support for hotels, resorts, waterparks, and other leisure real estate.



H&LA News

H&LA was ranked the 10th largest hotel consulting firm on Hotel & Motel Management's 2008 Top Hotel Consultants Survey based on firm revenue in 2007. This ranking was out of 25 and appeared in the April, 2008 issue of Hotel Motel Management. To see a complete of all the ranked firms click here.

David J. Sangree was named one of Aquatics International Magazine's "Power 25." Aquatics International publishes an annual list of professionals it deems the 25 most powerful people in the aquatics industry.
To read the article honoring Mr. Sangree click here.

David J. Sangree and Kalahari Resort President Todd Nelson were featured on CNBC in a story entitled "Water Wave of Profits" which highlighted the recent expansion of the Kalahari Resort in Sandusky, Ohio. This feature focused on how waterpark resorts are one of the fastest growing segments in the multi-billion dollar vacation industry.
View the CNBC segment.

Mr. Sangree will be a featured speaker at the Midwest Lodging Investors Summit which is being held July 14-16, 2008 in Chicago, IL. He will be speaking about Indoor Waterpark Hotels and the opportunities for new development. To register for this event click here.

David J. Sangree, MAI, CPA, ISHC, was speaker at the 2007 Waterpark Resort Leadership and Development Conference sponsored by Aquatics Magazine held in Orlando, Florida in November 2007 in conjunction with the International Pool and Spa Expo. The following link is the PowerPoint presentation he provided.
View Powerpoint

David J. Sangree, MAI, CPA, ISHC was a speaker at the 2007 World Waterpark Association’s annual symposium and trade show on waterpark resorts held in Palm Springs, California at the Palm Springs Convention Center.
View Powerpoint

David J. Sangree was featured on Good Morning America on Saturday, June 23, 2007, in a segment about the growing popularity of waterpark resorts across the United States.  Mr. Sangree noted that waterpark resorts are extremely competitive with one another and that within the last five years there have been tremendous improvements in their technology and attractions.  You can view the Good Morning America segment entitled “Water Park Wars” at http://abcnews.go.com/Video/playerIndex?id=3309256.

The Appraisal Institute has appointed David Sangree to the editorial review board for the Appraisal Journal.

Waterpark Resort News

Coco Key Waterparks have opened at six locations in late 2006 and 2007 and will open at two additional locations in 2008. These include indoor waterpark additions at the Cherry Valley Lodge in Newark, Ohio; Sheraton in Arlington Heights, Illinois; Best Western Clocktower in Rockford, Illinois; the Sheraton Ferncroft in Danvers, Massachusetts; Holiday Inn in Omaha, Nebraska; and the Sheraton in Sharonville, Ohio. Additional indoor waterparks are projected to open in 2008 at the Marriott in Mt. Laurel, New Jersey and the Sheraton in Kansas City, Missouri. The projects are being developed by Sage Hospitality, Wave Development and their partners

Kalahari Resorts opened a 93,000 square foot expansion to their indoor waterpark in Sandusky, Ohio to create a 173,000 square foot indoor waterpark in late 2007. They added 288 additional keys in 96 hotel condominium units as an expansion to their 596-room Kalahari Resort. This resort now features the largest single building indoor waterpark in the United States.

Great Wolf Lodge opened the 402 room Great Wolf Lodge in Grapevine, Texas across from the Gaylord Texan Resort in late 2007. The resort features an 80,000 square foot indoor waterpark. The resort has begun construction on a 203-room expansion along with a new conference center with approximately 30,000 square feet which will open by year-end 2008.

 

 

Hotel & Leisure Advisors regularly compiles relevant industry information in a newsletter for our clients and contacts.
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Our Mission

Providing thorough and thoughtful analysis to our clients in all sectors of the hospitality industry.


We Offer

  • Full-service MAI commercial real estate appraisals
  • Insightful feasibility and impact analysis
  • Project Development Analysis
  • Expertise with hotels, outdoor and indoor waterparks, amusement parks, resorts, conference and convention centers, golf courses, restaurants and other leisure real estate
  • Qualified, licensed, registered experts

Hotel & Leisure Advisors
14805 Detroit Avenue, Suite 420
Cleveland, Ohio 44107
Phone: 216-228-7000
Fax: 216-228-7320


logos ishc appraisal instititute link to aicpa



link to ISHC appraisal institute link link to aicpa


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link to ISHC appraisal institute link link to aicpa

appraisal instititute link to aicpa