search.noResults

search.searching

dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
Guest Article www.parkworld-online.com


The biggest challenge yet


David Sangree looks the impact of COVID-19 on 2020 waterpark and resort trends in the US and Canada


A


David J. Sangree, MAI, CPA, ISHC, is president of Hotel & Leisure Advisors (H&LA), an international hospitality  appraisals, feasibility studies,   support for the lodging and leisure industries. Sangree is an internationally recognised expert on waterpark resorts  700 waterpark studies.


t the beginning of 2020, the waterpark industry looked poised to continue a two- decade trend of healthy growth. Major


projects were set to open throughout the United States that totalled over $1 billion in investment. This included fourteen standalone outdoor waterparks, one resort with an outdoor waterpark, and 840,000 square feet of indoor waterpark space in 17 properties. However, those rosy projections changed due to the outbreak of the COVID-19 pandemic, which has brought an unprecedented decline to the industry at every level. New openings have been thrown into uncertainty, as existing waterparks must grapple with the question of whether to open at all amidst public concern and government mandates. There are four top-tier waterparks set to open in


2020. They include:  255,000-square-foot DreamWorks Waterpark at American Dream Mall in Rutherford, New Jersey


 500-room Great Wolf Lodge with a 95,000-square- foot indoor waterpark in Manteca, California


 975-room Kalahari Resort with a 223,000-square- foot indoor waterpark in Round Rock, Texas


 50-acre Soaky Mountain Waterpark in Sevierville, Tennessee


A look back: 2019 waterpark standings for the U.S. and Canada As of May 2020, the United States and Canada had a total of 1,173 waterparks. Twenty- six of those properties opened in 2019. More than half of these openings were in the dominant standalone outdoor segment, with four new private facilities and 10 new


municipal facilities. Eight openings contributed to the indoor supply, and four resorts opened new outdoor waterparks.  The Midwest and South are home to the most waterparks, with 417 and 387, respectively.


 The South maintains its lead over the Midwest in total number of outdoor waterparks (300 versus 293) due to its warmer climate.


 The Midwest leads in indoor waterpark resorts with 90.  The West leads in standalone indoor waterparks with 44.


 The South leads in resorts with outdoor waterparks with 49.


 Indoor waterparks account for nearly half of the Canadian market with 36 indoor waterpark resort and standalone facilities.


 Among hotels with waterparks, 44% are affiliated with national hotel franchises while 56% are independent.


Among standalone waterparks, 65% are owned by municipalities or government agencies, while 35% are privately owned.


Review of 2019 new openings Indoor waterpark openings: In 2019, eight indoor waterpark additions or expansions added 335,500 square feet of indoor waterpark space. Room and waterpark additions in 2019 were lower than 2018. A new Great Wolf Lodge opened in Scottsdale, Arizona, in the Talking Stick Entertainment District. It features 350 rooms, an 85,000-square- foot indoor waterpark, and a 27,000-square-foot family entertainment center. The 324-room Kartrite Hotel and Indoor Waterpark Resort opened in Sullivan County, New York, near the Resorts World Casino. The property includes an 80,000-square-foot indoor waterpark, meeting space, and an adventure park. Outdoor waterpark openings:


Fourteen new


standalone outdoor waterparks opened in 2019 including two privately developed properties and 12 municipally developed properties. All but two of the outdoor waterpark openings were in the South or Midwest. Notable outdoor waterpark openings include the 40-acre Big Rivers Waterpark & Adventures in New Caney, Texas, and River Rapids Waterpark in Ste. Genevieve, Missouri. Resorts with outdoor waterparks openings: Resorts with outdoor waterparks had the smallest number of additions in 2019, a trend likely to continue in 2020. Four hotels and resorts debuted outdoor waterparks. Two prominent additions in this segment opened in Florida. The expansion at JW Marriott Miami Turnberry Resort and Spa converted the Turnberry Isle Miami, adding 325 rooms and a waterpark. Margaritaville Resort Orlando opened


44 JUNE 2020


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64