As the Corona virus (COVID-19) continues to spread across the globe, it’s important to understand how this will affect the travel and hospitality industries. STR and Hotel News Now are doing a great job of monitoring and reporting on impacts and implications to the industry. Their analysis takes into account performance measures, forecast, earnings, and broader implications.
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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