Feasibility studies/ buying hotels

All about feasibility studies - how to do them and what they cover

What is a Hotel, Restaurant, Leisure or Retail Feasibility Study
A feasibility study is the key initial tool for assisting hotel, restaurant, leisure and retail development planning.

Types of Feasibility Studies
There are two main types of feasibility study – and many people confuse the two. Architects will undertake a development feasibility study to determine what is possible on a site. The results should not be confused with a market feasibility study that determines the financial viability of a scheme based on the market(s) for which it will cater.

Key Questions When Buying Your Hotel
If the market is so important, what do you need to know?

The following is a quick guide to help you channel your thoughts. Follow it and you will probably be joining the top 5% or so of savvy hotel buyers.

Buying Your Hotel - Your Biggest Decision
Deciding which hotel to buy – or even whether to buy one at all - is the biggest decision you will ever make in your hotel business. Whether your business is successful overtime will depend on the first crucial decision.
Buying Your Hotel - 3
Six Simple ‘Rules of Thumb’ to Check the Value of Your Hotel Investment

Once you have a better understanding of the market, you should now focus on the building and ‘the deal’.

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