Hotel Development – Feasibility, Market Study and Business Plan preparation

We have extensive experience in all areas related to hotel development. We provide unique services for each project we undertake which are designed to meet our client’s specific needs.
We prepare complete feasibility and market analysis studies, which serve as the foundation to any comprehensive business plan, and includes detailed profit and loss Statements, break-even analysis, business sales projections estimates for three scenarios: worst-case, best case, and most-likely business pro-forma and expense statements.
Our experience makes us ideally suited to assist hotels with developments, from feasibility through to opening. We provide the following functions:

 

Feasibility Analysis
Assist in site evaluation and selection

Co-ordinate hotel demand studies

Assist owner with the selection of the appropriate brand

Prepare financial projections

Prepare preliminary build and/or refurbishment estimates

Planning, Design and Development Services

Advise on the selection of project manager, architect and interior designer.

Advise on guestroom, public area design and back of house layout.

Co-ordinate the activities of all professional services.
Co-ordinate the procurement of all furnishings, public area fit out, kitchen and operating equipment.

Advise on and co-ordinate the selection of all front desk operations including reservations and sales, and back-end operations such as accounting systems.

Advise on and co-ordinate the selection of telephone, AV and key lock systems.