A Market and Feasibility study is crucial in the decision making process of developing a hospitality property. Interessant provides high-quality in depth study’s to provide owners and developers a clear positioning on the current markets needs and wants.
The main aspects of a Feasibility Plan weigh on the immediate area being able to support the supply coming in to the market and showing a demand that will be financially benefited from developing in the specific location. The second aspect is the projection of Revenue and Expenses. The process of determining these items requires extensive market knowledge, hotel financial expertise and experience with valuation methodology.
Our studies include the following components:
- Area Analysis
- Demographics and Neighborhood analysis
- Site Review
- Market Review with Competition Analysis
- Projected pricing analysis and usage
- Financial Analysis
- Valuation Analysis