U.S. Waterpark Resorts Supply and Demand 2013 Update
By David J. Sangree, MAI, CPA, ISHC, is President of Hotel & Leisure Advisors
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. The resulting waterparks will be welcome additions to many communities and resorts throughout the country.
The World Waterpark Association has estimated approximately 85 million attendees at North American waterparks during 2012, which compared to 82 million in 2011 and 79 million in 2010. This estimate includes attendance at all municipal and private waterpark facilities in North America, including indoor and outdoor waterparks.