An H&LA consultant is traveling to Ann Arbor, Michigan this week to gather market data and complete site inspections related to two hotel appraisals.
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October 19, 2018
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 ifREAD MORE