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Hotel Waterpark Resorts Industry Outlook & Trends 2008. Jeff Coy Bill Haralson. Hotel Waterpark Resort Industry Report 2008. USA Hotel Industry Performance USA Resort Performance Growth of Hotel Waterpark Resorts What’s open, under construction, in development
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Hotel Waterpark ResortsIndustry Outlook & Trends 2008 Jeff Coy Bill Haralson
Hotel Waterpark Resort Industry Report 2008 • USA Hotel Industry Performance • USA Resort Performance • Growth of Hotel Waterpark Resorts • What’s open, under construction, in development • Profiles of Hotel Waterpark Resorts • By rooms, size of waterpark and meeting space
USA Lodging Outlook • Hotel occupancy declines -0.2%. • Room rates, revenues, supply & demand all showing positive growth over last year. • Room Revenue up 7.2% over last year. • Summer 2007 better than Summer 2006. • Resorts and urban hotels had highest average room rates compared to other types of lodging.
Hotel Performance Smith Travel Research
USA Competitive Supply These 169 hotels with indoor waterparks are located in the following states:
USA Competitive Supply • In addition to the Top 20, there are 149 other hotel waterpark resorts and hotels with indoor waterparks in the USA.
Top 10 Hotel Meeting Facilities with indoor waterparks in the USA
In Development USA • 28 hotel waterpark projects are under construction or will break ground in 2008 that scheduled to open in 2009-2010. • Over 200 hotel waterpark projects are in the planning stages compared to 166, 108, 121, 69, 46 and 19 in prior years. • MN, WI, PA, IL, NY and MI are leading the way in planned projects.
Jeff Coy JLC Hospitality Consulting PO Box 4090 Cave Creek, AZ 85327 480-488-3382 jeffcoy@jeffcoy.com www.jeffcoy.com Bill Haralson William L. Haralson & Associates PO 1036 Alto, NM 88312 505-802-1522 wharalson@aol.com www.wlha-inc.com For more info, contact: