We act as hotel development consultants, providing project feasibility analysis, facilities design review, and pre-opening technical services.
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A well-written hotel financial proforma is crucial for several reasons, playing a vital role in the planning, financing, and operation of a hotel business. Here's why it's so important:
It's My Dream to Build a Hotel. How Can I Make it Easier? By Tom Baker, Managing Principal Investment Calling It’s no secret: an attractive and well-managed hotel is a revenue machine. Done right, developing a hotel can be a guaranteed ticket to a healthy and enduring ROI. It's [...]
Developing Hotels for the New Luxury-Class Traveler By Tom Baker, Managing Principal Lavish and luxurious properties suffered most in the wake of the pandemic when all but essential travel was suspended. This category witnessed double-digit drops in occupancy and ADR, even in popular hotels that were previously a model [...]
4 Things to Consider Before Opting for a Hotel Acquisition By Tom Baker, Managing Principal Due to the pandemic, developers worldwide face the same controversial decision of whether they should proceed with or abandon the development and acquisition of new hotel projects. There is no denying that these projects [...]
Meeting the Challenges of New Hotel Development During a Pandemic By Tom Baker, Managing Principal It's universally accepted that the global pandemic of Covid-19 has changed nearly every industry. While tourism slowed and in some areas stopped, hotel owners and potential investors have taken time to take stock and [...]
