Hotel feasibility studies are now part of the real estate development practice and, although they represent an additional cost in investment activities, are necessary to reduce the risk of a new hotel project.
Through the professional practice, we often perform hotel feasibility studies. In a preliminary phase of real estate development within a compatible hotel use, the advisor’s work focuses on expressing, in a formal way, specific opinions on the concept of “feasible”.
In this in-depth analysis of the GUEST Magazine, we analyze the main areas of applicability of hotel feasibility.
