Our consultants have a busy week ahead of them with trips to Orange, Ohio and to Round Rock and Frisco, Texas. The trip to Orange will include fieldwork for a hotel appraisal. In Round Rock and Frisco, our consultants will be conducting fieldwork and market research for two indoor waterpark feasibility studies.
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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 ifREAD MORE