"Financing Your Indoor Waterpark," World Waterpark Association’s 2008 Development and Expansion Guide, by David J. Sangree, MAI, CPA, ISHC
This article highlights the challenges of financing waterparks and offers advice on overcoming these challenges with thorough feasibility analysis and a comprehensive loan documentation package.
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"Indoor Waterparks: Surfing a Wave in North America in '08" Hotel Online, July, 2008 and Water Leisure and Lodging, July, 2008, by David J. Sangree, MAI, CPA, ISHC
This article discusses the growth of indoor waterparks in North America and their wide appeal to families as a vacation destination.
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"Economic Impact Studies Help Land Financing" Hotel Motel Management, May 2008, by David J. Sangree MAI, CPA, ISHC
This article discusses economic impact studies and the important role they play in financing projects.
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"Unique Ways for Resorts to Radically Increase Revenue" Developments Magazine, an ARDA publication, April, 2008, by David J. Sangree, MAI, CPA, ISHC and Laurel Keller
This article discusses ways to increase a resorts revenue through various facility additions or expansions.
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"Is Water Conservation at Waterparks Considered Oxymoronic?" Hotel Online, April, 2008 by Eric B. Hansen, AIA, ISHC
As developers are beginning to locate their indoor and outdoor waterpark resorts in areas more susceptible to drought, this article explores the issue of water conservation becoming more prevalent not only within the industry, but within the public view as well. This article discusses Drought Management plans.
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"Number of Indoor Waterpark Destination Resorts Grows in ‘08" Hotel Online, February, 2008, by David J. Sangree, MAI, CPA, ISHC
This article defines the different types of indoor waterpark resorts which exist. It provides a listing of the existing supply of indoor waterpark destination resorts and those which should open in 2008.
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“Challenges of Obtaining Financing for Indoor Waterpark Resorts,” November 2007 at the World Resort Leadership and Development Conference in Orlando, FL
PowerPoint presentation emphasizing the unique challenges facing those who attempt to obtain financing for indoor waterpark resorts.
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"Industry Outlook and Trends" The World Waterpark Association's Annual Indoor Waterpark Resort Development Workshop, October 2007
PowerPoint presentation highlighting trends in the waterpark industry with the recent growth and popularity of indoor waterpark resorts in North America.
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"Indoor Waterparks Supply and Demand Growth in ‘07," Lodging Hospitality, September 2007 by David J. Sangree MAI, CPA, ISHC
Analysis of growth of indoor waterpark resorts. This article is also featured as a sidebar in the article “Next Wave” published on Lodging Hospitality Online which describes new trends in indoor waterpark resorts.’
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“Appraisal & Market Analysis of Indoor Waterpark Resorts,” Waterpark Development and Expansion Guide ’07, David J. Sangree, MAI, CPA, ISHC
A description of the process used and challenges faced when appraising an indoor waterpark resort.
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“Financing Your Indoor Waterpark Resort,” Waterpark Development and Expansion Guide ’07 and Hotel Online August 2007, David J. Sangree, MAI, CPA, ISHC
This article gives advice on when, where and how to obtain financing for the development of an indoor waterpark resort and warns of difficulties which may arise in the financing process.
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“Indoor Waterparks Make a Bigger Splash in North America,”  Water Leisure & Lodging 2007 and Hotel Online, July 2007, David J. Sangree, MAI, CPA, ISHC
Tables and analysis of indoor waterpark resort supply and growth in North America.
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“Waterpark Resorts Top 10 by Revenue,” Waterpark Resorts Today Annual IT Book 2007-2008, David J. Sangree, MAI, CPA, ISHC
Table indicating top-performing indoor and outdoor waterpark resorts by revenue for 2006 in the United States.
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“Number of Indoor Waterpark Destination Resorts Grow in 2007,” Hotel Online, February 2007, David J. Sangree, MAI, CPA, ISHC
This article defines the different types of indoor waterpark resorts which exist. It provides a listing of the existing supply of indoor waterpark destination resorts and those which should open in 2007.
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"Financing 101: Preparing Financial Projections and Obtaining Financing for Indoor Waterpark Resorts," The Waterpark Resorts Leadership and Development Conference (WRLD), November 2006, David J. Sangree, MAI, CPA, ISHC
PowerPoint presentation which gives an overview of the steps involved in obtaining financing and preparing financial projections for an indoor waterpark resort
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"How to Analyze the Market and Determine Economic Feasibility," The World Waterpark Association’s Hotel Waterparks Resort Development and Expansion Workshop, October 2006, David J. Sangree, MAI, CPA, ISHC
PowerPoint presentation on the techniques used when performing a feasibility analysis for an indoor waterpark.
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“Appraisal & Market Analysis of Indoor Waterpark Resorts,” Waterpark Development and Expansion Guide ’06 and Hotel Online, September 2006, David J. Sangree, MAI, CPA, ISHC
A description of the process used and challenges faced when appraising an indoor waterpark resort.
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“Financing Your Indoor Waterpark Resort,” Waterpark Development and Expansion Guide ’06 and Hotel Online, September 2006, David J. Sangree, MAI, CPA, ISHC
This article gives advice on when, where and how to obtain financing  for the development of an indoor waterpark resort and warns of difficulties which may arise in the financing process.
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“Indoor Waterpark Resort Numbers Increase in ’06,” Water Leisure & Lodging 2006 and Hotel Online, September 2006, David J. Sangree, MAI, CPA, ISHC
Tables and analysis of indoor waterpark resort supply and growth in North America.
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“Indoor Waterpark Resort Numbers Increase in ‘06” World Waterpark Association’s Water Leisure and Lodging and Hotel Online, August 2006, David J. Sangree, MAI, CPA, ISHC
A summary of supply changes in the indoor waterpark resort market for 2006.
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“Adding a Waterpark to a Hotel:  Is it a Good Idea? ”Hotel & Motel Management, June 2006, David J. Sangree, MAI, CPA, ISHC
A discussion of costs and considerations which must be analyzed before adding an indoor waterpark to an existing hotel.
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“Midwest Whets Appetite for Indoor Waterparks,” Heartland Real Estate Business, May 2006, David J. Sangree, MAI, CPA, ISHC
A commentary on the rapid growth in the development of indoor waterparks in the Midwest in recent years.
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“Ohio’s Lodging Market: Historical Analysis & 2006 Forecast,” Hotel Online, March 2006, David J. Sangree, MAI, CPA, ISHC, Laurel A. Keller, and Joseph Pierce
Review of Ohio’s three major lodging markets over the past five years and projections for future hotel performance in the Cleveland, Columbus, and Cincinnati MSA’s. It examines historic operating performance, hotel sales, new development and local attractions that affect demand to present a detailed view of each market’s performance and potential.
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“Indoor Waterparks and Hotels - Year end 2005 Overview,” Hotel Online, February 2006, David J. Sangree, MAI, CPA, ISHC
This article also appears as a chapter within the just published fourth edition of Hotel Investments: Issues and Perspectives which is published by the Educational Institute of the American Hotel and Lodging Association. Readers can order the entire book through the web site www.ei-ahla.org or through calling 517-372-8800.
Review of past, present and future indoor waterpark trends; financial contributions to resort performance; waterpark design trends.
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"Indoor Waterparks and Hotels," The Americas Lodging Investment Summit (ALIS), January 2006, David J. Sangree, MAI, CPA, ISHC
PowerPoint presentation highlighting indoor waterpark history, trends, financial performance, and design including photos of indoor waterparks.
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“Indoor Waterpark  Resorts” International Association of Amusement Parks and Attractions (IAAPA) Annual Conference, November 2005, David J. Sangree, MAI, CPA, ISHC
Overview of current trends and new developments in the indoor waterpark resort market.
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“Indoor Waterpark Destination Resorts, a Growing Trend,” Aquatics International, October 2005, David J. Sangree, MAI, CPA, ISHC
Illustrates growth in destination indoor waterpark resorts - larger facilities with multiple amenities, higher room counts, and many water recreation features.
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“Splashtacular Growth,” Water Leisure and Lodging, September 2005, David J. Sangree, MAI, CPA, ISHC
Details growth in indoor waterpark resorts and changes occurring in the indoor waterpark resort market.
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“Hotel Capitalization Rates Drop Further,” Hotel Online, May 2005, David J. Sangree, MAI, CPA, ISHC and Raj Shah
Survey of hotel capitalization rates conducted by the authors while with US Realty Consultants. 
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“Hotel Condominium Sales Grow at Indoor Waterpark Resorts,” Hotel Motel Management, April 2005, David J. Sangree, MAI, CPA, ISHC
Hotel condominium sales occurring at indoor waterpark resorts in Midwestern states.
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“Cleveland’s Lodging Market: a Slow Climb Back,” Hotel Online, February 2005, David J. Sangree, MAI, CPA, ISHC and Joseph Pierce
Describes Cleveland's lodging market and provides historical figures and forecast.
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“Indoor Waterpark Resorts Continue Impressive Growth in ’05,” Hotel Online, January 2005, David J. Sangree, MAI, CPA, ISHC with Laurel Keller
Describes growth in indoor waterpark resorts as of January 2005.
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“Financing Challenges for Indoor Waterpark Resorts,” World Waterpark Development and Expansion Guide 2004-2005, David J. Sangree, MAI, CPA, ISHC
Provides tables about new properties opening and shows growth of indoor waterpark resorts.
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“Indoor Waterparks Appeal to Hotels, Large Destination Resorts,” Hotel Motel Management, July 2004, David J. Sangree, MAI, CPA, ISHC
Growth in large indoor water park destination resorts as of 2004.
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“Indoor Waterpark Resorts Expand Nationwide,” Hotel Online, April 2004, David J. Sangree, MAI, CPA, ISHC
Growth in indoor waterpark resorts as of early 2004.
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“Hotel Capitalization Rates Drop Again” Hotel Online, March 2004, David J. Sangree, MAI, CPA, ISHC and Laurel Keller
Statistics on capitalization rates, discount rates, and other investment criteria for hotels from an annual investor survey prepared by the author.
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“Cleveland Lodging Market at Bottom with Improvement Predicted” Hotel Online, January 2004, David J. Sangree, MAI, CPA, ISHC, Joseph Pierce, and Laurel Keller
Cleveland market as of early 2004 including projections for the future.
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“Appraisal and Financing of Indoor Waterpark Resorts” Hotel Online, October 2003 & World Waterpark Development and Expansion Guide, 2004, David J. Sangree, MAI, CPA, ISHC
Process of appraising and financing indoor waterpark resorts.
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"Renovation Strategies for Success," Hotel Motel Management, Sept, 2003 by Eric B. Hansen AIA, ISHC
This article discusses strategies in performing renovations in hotels.
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“Hotel Capitalization Rates Drop” Hotel Online, February 2003 and USRC Hospitality Perspectives Spring 2003
Statistics about hotel capitalization rates, discount rates, and other hotel investment issues from an investor survey prepared by David J. Sangree, MAI, CPA, ISHC.
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“Analyzing the Impact of a New Hotel on Existing Properties” AAHOA Lodging Business, October 2002, David J. Sangree, MAI, CPA, ISHC
Methodology for preparing impact studies on existing and proposed hotels.
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“Trends in Hotel Management Contracts,” Cornell Hotel and Restaurant Administration Quarterly, October 1996
This article analyzes trends in hotel management contract terms and fees. 
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