We have undertaken studies to help businesses evaluate decisions to build new hotels, or buy existing hotels.
Build New Hotel:
Work can include studying the existing room capacity and tariffs of hotels in the city, studying the present demographics of the tourists and business visitors, interact with a cross section of tourists and business visitors, chambers of commerce and government authorities to project the growth of business and tourist traffic, and to establish the scope of setting up a hotel.
Buy Existing Hotel:
Work can include scouting for available hotels, hotel valuations, negotiations, suggested funding patterns and transaction consulting.