
Market & Feasibility Analysis
Primarily performed for developers seeking guidance as to the potential success of a hotel in a certain location, our feasibility studies also recommend facilities which show a likelihood of success in the market and are accepted by most major lenders as one of the initial steps in the loan process. Feasibility studies will include an analysis of economic trends for the area, a full supply and demand analysis, and an estimate of prospective financial performance.
Real Estate Appraisal
One of the final steps of the loan process is an appraisal of the existing or to-be-built hotel. This is an easy transition from the feasibility analysis because, in addition to the hospitality experts who comprise the staff of Hospitality Advisors, we also have access to substantial real estate expertise. Larry Allen, MAI of Hospitality Advisors Valuation Group has performed more than 500 hotel appraisals during his more than twenty-five year career and is one of the most well respected hotel appraisers in the United States. It is this combination of hospitality market and operational experts and the real estate expertise of our appraisers, that bring clients from individual developers to multi-national lenders and corporations back to utilize the services of Hospitality Advisors again and again.