Our consultants are headed to Kewanee, IL this week for fieldwork related to the feasibility analysis of a proposed hotel, waterpark, restaurant, and event center.
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Hotel Feasibility Study Methodology
July 19, 2020
A hotel feasibility study is generally required by the mortgage lender or investor before a developer or organization is able to move forward with constructing a new hotel. Typically completed by an independent third-party consultant who specializes in analyzing hotel projects, a feasibility study determines whether a proposed hotel development is economically feasible and if
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