Development

With decades of “hands on” development and redevelopment experience, our team will help to ensure the success of your project.  Developing a hotel can be a tricky event.  A series of easy to make missteps can lead to a property that is overpriced and or not properly positioned in its market jeopardizing your return on investment. 

We offer our real estate development experience to include multiple hotels on a turn-key and an a la carte basis.  Typical development services include:

·         Site selection, market/competitor review and zoning assistance.

·         Franchise selection, license negotiation and relationship management during the development and operating phases to include Product Improvement Plan negotiation and the completion of renovation projects.

·         Pro forma preparation and subsequent monitoring.  Operating forecast.

·         Feasibility Company, Architect, general contractor and designer selection, agreement negotiation and relationship management.

·         Reviewing the drawings for value engineering opportunities, guest flow and operating efficiencies.

·         Debt and equity assistance services.

·         Furniture, fixtures and equipment selection and procurement.

·         Selection, design and installation of the IT systems to include energy management, telephone system, property management system, television cable or satellite and high speed internet.

·         Pre-operating marketing.

·         Team hiring and training.

·         Overseeing the opening of the hotel to the general public.