David J. Sangree

MAI, CPA, ISHC, is President of Hotel & Leisure Advisors

SangreeDavid J. Sangree, MAI, CPA, ISHC, is President of Hotel & Leisure Advisors, an international hospitality consulting firm. Mr. Sangree’s expertise is in the appraisal and analysis of hotels, resorts, indoor waterpark resorts, outdoor waterparks, amusement parks, conference centers, ski resorts, and golf courses. He has performed studies on more than 3,000 existing and proposed hotels and leisure properties in 49 states, Canada, and internationally. He has been an active appraiser/consultant since 1987 and also has 10 years of work experience in the hotel/restaurant industry, including management positions with four Westin Hotels properties. Mr. Sangree is an internationally recognized expert on waterparks and has visited most of the open waterpark resort properties in the United States and Canada. He has completed more than 700 studies of waterparks since 1999. Recognizing David as an industry leader, he was honored by Aquatics International and named to their “Power People” lists of the most powerful people in the aquatics industry in 2008 and 2019, and the World Waterpark Association honored him with their Executive Board Award in 2016. These awards signified David’s commitment to the industry and identified him as one of the first consultants serving the waterpark industry. Mr. Sangree has appeared on Good Morning America and CNBC on special reports concerning resorts and waterparks. He can be reached via telephone at 216-810-5800 or via e-mail at [email protected]

More about David J. Sangree

Insights by David J. Sangree (12)

COVID-19 Impact On US Waterparks And Waterpark Resorts

Due to COVID-19, many outdoor waterparks delayed their season openings while others have decided, or were mandated, not to open at all in 2020. Many resorts with waterparks and standalone indoor waterparks were forced to close for several months, and some have yet to reopen.

U.S and Canada Waterpark and Resort Trends in 2020

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.

Indoor, Outdoor Waterparks Show Growth for 2014

The amount of indoor and outdoor waterpark square footage will grow at a faster rate in 2014 than in any year since the Great Recession. Twelve indoor waterpark resorts or standalone indoor waterparks will be opened or expanded in 2014 compared to 9 in 2013.

Room Service More than a Revenue Generator

Thinking about that breakfast you just ordered at your hotel, delivered to you on a cart and white tablecloth by a smiling waiter? Think again, as some hotels are considering eliminating this loss leader department.

U.S. Waterpark Resorts Supply and Demand 2013 Update

The country appears to be pulling out of the recession and heading for calmer waters if waterpark developments are any indication. While the flow of waterpark leisure development slowed down following the economic recession of 2009 and 2010, it is now picking back up as financing becomes more widely available.
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