Primer on Reading Hotel Financials: A Three-Part Series
Part 1: These Are Funny Looking Financial Statements Among the questions we’re commonly asked is why hotel financial statements look different. The simple answer is that they reflect the actual operations of a hotel [...]
How Hotel Operations Directly Impacts Asset Value
One of the unique aspects of hotels is that in addition to being a real estate asset, they are also operating businesses. The daily performance of each moving part of a hotel directly impacts [...]
Municipalities Love Hotels
Working with local municipalities is a key part of the hotel development process. Establishing strong relationships with key players at the local level can streamline entitlements and permitting, ensure a smooth working relationship, potentially [...]
Hotel Development Process – Part 5: Love Me That Terrific ROI
Now that we have covered location, brand selection, financing, and development, the last major component of a hotel is operations. After all, you’re not just building an asset, it will be a 24/7 functioning [...]
Hotel Development Process – Part 4: Shovel Meet Dirt
In the first three posts of this series we reviewed location, brand selection, and financing the project. Now we move into the heart of the hotel development process. Development Getting through site selection, brand [...]
Hotel Development Process – Part 3: It’s All About the Benjamins
In the first two posts of this series, we reviewed the key aspects of location and brand selection. We now turn to how to finance a hotel development. Financing Once a site has been [...]