HOTEL DEVELOPMENT
Selection of hotel properties where the cost of total renovation represents a significant savings over new construction.
Selection of development team members including architects, general contractors, interior designers, engineers, kitchen consultants, and FF&E advisors.
Detailed pre-development project budgets identifying all project elements typically containing hundreds of line items.
Pre-development coordination between designers and contractors to insure the most efficient design to yield high quality and economic efficiency.
Detailed project schedules.
Coordination meetings during the development phase to answer questions and solve problems well in advance of construction.
Detailed monitoring of construction budgets and schedules.
Coordination with the hotel management team to ensure a smooth opening.
Feasibility Studies: Provide market analysis for, and financial evaluation of the proposed project include cost-benefit analysis, facility recommendations, occupancy and room rate projections,operating results and valuation estimates.
Site Selection and Analysis: Analyze site locations and determine highest and best use.
