A member of our team is headed to Bloomington, Minnesota this week for data collection and fieldwork related to a hotel appraisal.
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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