As part of an appraisal, one of our consultants will be heading to Plymouth, Massachusetts this week to visit the subject hotel and review the local hotel market. We have completed several assignments previously in Boston MSA and look forward to heading back to such a diverse and exciting hotel market!
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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