Leisure Business Advisors LLC (LBA) has been retained by Greene County to conduct an independent consultant audit of the “Market Feasibility Study Report for the Proposed Great Wolf Lodge – New Baltimore Kalkberg Commerce Park.” That feasibility study was prepared on August 15, 2011, by Hotel & Leisure Advisors, LLC (H&LA). This memorandum presents our final report.
We specialize in conducting planning studies for new leisure attractions and business valuations of existing attractions. LBA was previously retained by Empire State Development, a public authority of the state of New York, to evaluate the reopening Fallsville Splash Park in Niagara Falls. It was the subject of a New York State Supreme Court case. Our qualifications are discussed at the end of this report in Appendix A.