We are available to help hotel owners and municipalities maximize their assets through operational review and by helping identify improvement opportunities.
We provide advice regarding the appropriate brand, room count and amenities for a hotel component relative to other real estate components to achieve proper balance and seamless cohesion.
In addition to being able to provide general consulting services, we are available to assist cities and municipalities wishing to attract private hotel development. These services may include RFP/RFQ facilitation and/or assistance with developer/manager selection.
Performed to determine the locational attributes of proposed hotel sites and objectively determine their strength or weakness relative to other sites.
Analysis of hotel market and Subject hotel through the point of projected occupancy and ADR.
Adds projection of hotel operations with revenues and expenses for the first 10 years.
Tests the IRR of the projected financial performance after considering hotel development costs and the hypothetical sale of the hotel and returns from operations.
Performed to validate or disprove additional investments to existing hotels after considering the value added from the investments and the resulting change in net present value of the hotel.
Performed to determine the base and incremental impact of a new proposed branded hotel upon an existing branded hotel within the same brand family.
Study of a hotel's projected performance following proposed changes in the hotel's brand or positioning.
Projected direct and indirect benefits to a given area as a result of a proposed development.
We can provide projections of hotel occupancy taxes to aid public entities in forecasting expectations of hotel tax revenue.
We provide Appraisal services for a variety of hospitality real estate from limited-service properties to major convention center hotels and resorts.