Development Services

Ask About Our Development Services Starter Kit!

Includes: Site Evaluation, Programming, Brand/Franshisor Recommendation, Income Proforma, and Draft Development Budget

Development

We can provide you with the knowledge needed to reduce risk and create profitable ventures while taking you through our array of development services that carry your project from start to finish.

ROI can be calculated from a simple formula:

ROI = NOI/Total Development Cost

Market Evaluation & Site Selection

We have an iterative process using data, a network of industry contacts, and "boots-on-the-ground" interviews to assist you in selecting and evaluating your potential hotel site. 

Programming

Programming can include recommendations for the number of rooms and suites, room mix, size of meeting and banquet space, parking, back of the house requirements, and supporting amenities.

Brand & Franchise Selection and Negotiation

Our guidance through the evaluation of your brand and franchise options can make a difference in your returns. The brands each have national rev pars, development costs, and franchise fees. Selecting the available brand that will have the highest rev par relative to cost is crucial in maximizing your project return.

Assembly of Full Development Team

We can recommend hotel-specific architects, designers, general contractors, and procurement companies with proven track records.

Income & Cost Proforma

We can quickly produce a 5-year income Pro Forma and/or facilitate “first blush” cost estimates. Our point of differentiation is the depth of operating knowledge relative to most who do this work. We understand what is behind the numbers. 

Hotel Management, Company Selection & Negotiation

The decision that will most impact your NOI is the selection of the management company, more specifically, who you approve to be your General Manager. We have selection tools that can maximize your chances of success.

Owner Representation

For select owners, we will provide full oversight responsibilities from predevelopment through operation.