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Hotel Waterpark Resort Industry Report 2004. USA Lodging Continues Upward Trend USA Hotel Waterpark Resort Supply USA 14 New Hotel Waterpark Resorts Open USA Top 20 Largest Hotel Waterpark Resorts USA Top 10 Largest Meeting Facilities with IWPs USA 32 Under Construction & 80 In Development
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Hotel Waterpark Resort Industry Report 2004 • USA Lodging Continues Upward Trend • USA Hotel Waterpark Resort Supply • USA 14 New Hotel Waterpark Resorts Open • USA Top 20 Largest Hotel Waterpark Resorts • USA Top 10 Largest Meeting Facilities with IWPs • USA 32 Under Construction & 80 In Development • Canada Hotel Waterpark Resort Supply • Canada Top 15 Largest Hotel Waterpark Resorts • Canada Under Construction & In Development • Mexico • Rest of the World
USA Lodging Outlook • Hotel room revenues, supply & demand all showing positive growth over last year. • RevPAR up 7.3% over 2003. • Summer 2004 better than Summer 2003 despite colder than normal temperatures. • Industry near pre-9/11 levels of Year 2000. • Resorts did better than last year and better than other types of lodging.
Hotel Performance Ytd Aug Smith Travel Research
USA Competitive Supply • These 76 hotels indoor waterparks are located in the following states:
USA Competitive Supply • 56 other hotels with indoor waterparks are located: In WI-Green Bay, Madison, Minocqua, Lac du Flambeau, Tomah, Prairie du Chien and Ashland; In MN-Moorhead, Thief River Falls, Rochester, Minneapolis, Owatonna, St Cloud, Baxter, Detroit Lakes, Orr, Shoreview, Nisswa; In MI-Grand Rapids, Mackinaw City; In ND-Minot, Bismarck; In SD-Aberdeen, Watertown, Sioux Falls; In MT-Anaconda, Missoula; In other areas- Spokane WA, Casper WY, Amana IA, Norfolk NE, Hutchinson KS, Sheperdsville KY, Utica IL, and Colorado Springs CO.
Top 10 Hotel Meeting Facilities with indoor waterparks in the USA
In Development USA • 80 hotel waterpark projects are in the planning stages compared to 46 last year and 28 the year prior. • Wisconsin, Minnesota, Illinois & Michigan are leading the way in planned projects. • 19,284 rooms and 3.4 million sf of IWPs are in the pipeline in 27 states.
Canadian Competitive Supply • We have identified 108 hotel indoor waterparks, typically smaller properties averaging 3200 sf of indoor waterpark.
Canadian Competitive Supply • Often, these are hotels that have enhanced their indoor swimming pools with the addition of play structures and waterslides with minimal theming. • In Canada, the largest concentration of hotel indoor waterparks is in the Economy Hotel sector with an average of 69 rooms and 2,917 sf of indoor waterpark.
Major Canadian Hotel Waterparks • Fantasyland Hotel with 355 rooms at West Edmonton Mall’s 217,000 sf World Waterpark. • Ameri-Cana Resort Niagara Falls ON with 160 rooms and 19,100 sf indoor waterpark. • Travelodge World Hotel in Ottawa with 177 rooms and 13,000 sf indoor waterpark. • Ramada Lethbridge AB with 119 rooms and 13,000 sf indoor waterpark. • BW Jurassic Inn in Drumheller AB with 49 rooms and 6,200 sf indoor waterpark. • 10 other have 4,000 to 6,000 sf IWPs.
Recent Openings In Canada • Travelodge World Hotel in Ottawa added a 13,000 sf indoor waterpark. • BW Jurassic Inn in Drumheller AB. • Others include: Edmonton AB, High Level AB, Fort Nelson BC, Fort St John BC, Portage La Prairie MB and Moose Jaw SK.
Under Construction in Canada • Great Wolf Lodge expected to break ground in 2004 on 404 rooms, 90,000 sf indoor waterpark and 115,000 sf Ripley’s Aquarium. • Canad Inn expected break ground soon in Portage La Prairie MB.
In Development Canada • 9 hotel waterpark projects are in the planning stages: • 3 in Alberta • 2 in Ontario • 1 in British Columbia • 1 in New Brunswick • 1 in Nova Scotia • 1 in Saskatchewan
Mexican Competitive Supply • We have identified 11 properties in Mexico that have a combination of hotel rooms, indoor waterparks and outdoor waterparks. • We are in the process of surveying owners to build a profile.
