Download or read book Financial Feasibility Study for a Proposed Hotel Project written by Claudia Eva Perry and published by . This book was released on 1985 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Feasibility Studies for Hotels written by Wolfgang Fercher and published by diplom.de. This book was released on 2006-10-16 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Abstract: The intensity of competition in the tourism business, especially in the hotel industry has continuously grown during the last years. This development leads to the situation that capital investments in the hospitality industry are connected with ever increasing risks. In order to minimize these risk potentials, a detailed evaluation of the competitiveness and market compatibility of a planned project is an essential part of any project development process. Those analyses are covered in the course of a feasibility study which encloses all aspects that influence the success of a hotel project. In this context, a feasibility study serves as an information tool for project developers, investors, tenants, hotel operators and financiers in order to make decisions with regard to a specific hotel project. The preparation of a feasibility study requires the combination of a multitude of aspects, hence input from all participants in the project development process. Getting hold of information and the appropriate usage of this information is crucial in order to ensure the success of a study. The main objective of this diploma thesis is to identify the most important and current issues in feasibility evaluation of hotel projects. In practice, many studies are prepared following a fixed model, which has not been changed for years. However, the hospitality industry is highly competitive and dynamic, new additions to the existing supply therefore need to be analyzed very carefully. The focus of this diploma thesis is specifically put on the hospitality industry. This means that feasibility evaluation for other types of project development in the tourist industry is not subject to this study. The aim of the thesis is on the one hand to point out aspects that have to be taken into consideration in any study, and to give suggestions for improvements on the other hand. The author has laid down the following four hypotheses that serve as the main source for the research questions. - Hypothesis 1: The sensitivity analysis is the most important component of a feasibility study. - Hypothesis 2: A feasibility study is the most important decision making factor for the investor in a hotel project. - Hypothesis 3: If the results of a feasibility study seem to turn out negative, then the operative concept of the project is changed. - Hypothesis 4: The level of the construction cost is the factor that is most difficult to estimate and is therefore [...]
Download or read book A Hotel Economic Feasibility Study written by Mark Paul Rogers and published by . This book was released on 2007 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A hotel economic feasibility study was carried out for an assemblage of four (4) parcels located on Monsignor O'Brien Highway in Cambridge, Massachusetts. The primary objective of this economic feasibility study was to assess the supply and demand factors affecting the market for transient accommodations in the East Cambridge area for the purpose of recommending the size and type of hotel which is most logical for this assembled site. Once these perimeters were determined, an economic feasibility study was performed to evaluate the anticipated economic benefits and probable total project cost. The financial analysis undertaken was utilized to determine whether the return on investment makes the proposed project economically feasible. It was determined in the initial stages of the study that the assemblage of parcels was flawed. After reconfiguring the assembled site, further analysis continued. In the end, the study validated the economic feasibility of a 250 key lifestyle brand type hotel. The hotel is conceived to be in operation as of January 1, 2011. The planning and entitlement process is expected to last approximately sixteen months. Construction is scheduled to take an additional two years time. The development will be have both mortgage and equity components. The internal rate of return based on the economic valuation of the property value of $68,431,191 is 8.37%. The mortgage component of $55,622,501 represents an IRR of 7%. The equity component is valued at $12,808,690 which represents an IRR of 12.4%
Download or read book Site Selection and Value Evaluation of New Hotel Projects written by Yue He and published by Springer Nature. This book was released on with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Project Evaluation and Feasibility Analysis written by Kevin Baker and published by . This book was released on 2000 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: A properly conducted project evaluation is essential for a new hospitality business, or in assessing new directions for an existing business. But how should such an evaluation be undertaken? What should the objectives be for such an analysis? What factors should it consider? How should it be presented for maximum effect?
Download or read book Martin Tennessee Feasibility Study written by and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study was undertaken to determine the economic and competitive feasibility of constructing a full service hotel in the Martin, Tennessee area. The site was evaluated as to its suitability for such a project. This study was performed for University of Tennessee, in Martin, The Martin Economic Development Corp. and Development Systems Associates, Inc. Scope of the study: 1) The detemination of the market demand of the project by analyzing the market potential for a full service hotel in the Martin area and to make recommendations as to location, size, scope and nature of the facilities being offered. 2) The determinaton of the financial feasibility of the development. 3) Surveys, retail studies with city and county officials, and industrial executives, to detemine their needs, requirements and recommendations. (---from the Introduction, page 1)
Download or read book Real Estate Finance and Investment Manual written by Jack Cummings and published by John Wiley & Sons. This book was released on 2010-12-21 with total page 645 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated and revised to include ten years of new developments in real estate investment, Real Estate Finance and Investment Manual, Ninth Edition is the definitive guide to financing for all real estate investors. Understand all the financing options, learn how to choose an appropriate strategy, read about insider techniques, and get hands-on experience with case studies and helpful checklists.
Download or read book Handbook of Marketing Research Methodologies for Hospitality and Tourism written by Ronald A. Nykiel and published by Psychology Press. This book was released on 2007 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: The final section explains market analysis planning and communications, including preparing a research-based business review and the effective presentation of research findings.
Download or read book How to Perform an Economic Feasibility Study of a Proposed Hotel motel written by Stephen Rushmore and published by . This book was released on 1986 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Feasibility Studies for Property Development written by Tim Havard and published by Routledge. This book was released on 2013-10-30 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essential for any real estate professional or student performing feasibility studies for property development using Microsoft Excel and two of the most commonly used proprietary software systems, Argus Developer and Estate Master DF. This is the first book to not only review the place of financial feasibility studies in the property development process, but to examine both the theory and mechanics of feasibility studies through the construction of user friendly examples using these software systems. The development process has seen considerable changes in practice in recent years as developers and advisors have adopted modern spread sheets and software models to carry out feasibility studies and appraisals. This has greatly extended their ability to model more complex developments and more sophisticated funding arrangements, saving time and improving accuracy. Tim Havard brings over 25 years of industry and software experience to guide students and practitioners through the theory of development appraisals and feasibility studies before providing internationally applicable worked examples and potential pitfalls using Excel, Argus Developer and Estates Master DF.
Download or read book Modern Dictionary Of Tourism written by Karan Raj and published by Sarup & Sons. This book was released on 2002 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Developing Hospitality Properties and Facilities written by Josef Ransley and published by Taylor & Francis. This book was released on 2022-06-30 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: • Coverage: this book looks at all the essentials of developing hospitality properties, providing an introductory overview of the subject area. • Approach: illustrates the technical aspects of the subject in a cohesive, practical way, treating the reader as if they were a hospitality manager seeking assistance from various industry experts. • Authorship: compiled of contributions from over 20 industry experts, ensuring a strong knowledge base and a robust real-world dimension for the book. • Structure: the tried-and-tested logical manner in which the book is split into the 5 parts follows an industry approach to the topic of hospitality facility development and lends itself to being used as a set text in universities, as well as by industry professionals as a teaching tool.
Download or read book Market Analysis Financial Projections for Proposed Hotel Development written by Anderson Development Inc. (Eden Prairie, Minn.) and published by . This book was released on 1981 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Management of Construction A Project Lifecycle Approach written by F. Lawrence Bennett and published by Routledge. This book was released on 2007-06-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management of Construction introduces all aspects of management practice to students and professionals based in the construction industry. It is also important for those involved in allied fields such as design, project development, and site monitoring and inspection. The book addresses each stage of the construction project from conception to completion, giving a perspective on the whole life cycle often missing from textbooks. The author also balances engineering concerns with the human resource and personal aspects of construction management that are so important to the successful outcome of a project.
Download or read book Clearinghouse Review written by and published by . This book was released on 1991-04 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 2 Columbus Circle written by Ryan M. Yamada and published by . This book was released on 1999 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Financial Analysis of the Proposed Lewisburg Hotel Redevelopment Project written by James Hodgdon Munson and published by . This book was released on 1995 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
