Meeting and Conventions Magazine published a story about how some NYC hotels are now adding an “urban destination fee” to their nightly room rate. The fees cover an array of services from high-speed internet access to laundry services and city walking tours. According to the article, hotels are on target to rake a record $2.7 billion in fees and surcharges in 2018
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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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