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HOTEL AND RESORT DEVELOPMENT

Hotels and resorts looking to undertake expansions or renovations can rely on the strategic advice of Hotel Solutions Partnership consultants to ensure their developments are feasible, deliverable and capable of maximising investment value and returns over the long term.

Starting with the market and feasibility studies, we establish exactly what is most likely to be successful, we then work with design professionals to develop a hotel or resort concept that responds to market demand. Our desktop valuation service gives you an accurate idea of what a hotel or resort asset should be worth. We offer support from conception to implementation of the project, including help with selecting an operator or brand and negotiating the contracts, assembling the project team and supporting the capital raising process. We are able to add value at every phase of the development cycle.

Hotel and resort development development can be challenging so we help you analyse your strategy, appraise your options and develop a plan that aims to deliver smooth development process and a successful market launch. We can also examine the investment plans of your existing hotel brand, ensuring that you’re taking maximum advantage of the opportunities open to you.

Hotel Solutions Partnership always respect your passion and your vision for a new hotel or resort, but there’s a science to spending money in the right place. We make sure that our advice always balances your aspirations with a reasonable expectation of return.

Design Reviews / Technical Services

Hotel Solutions Partnership provides guidance for the development of Hotel and Residential Complex plans through conception to implementation.

Design Reviews include:

  • Design Briefs that above all consider the delivery of an excellent guest experience. Such briefs cover rooms and facilities, technical requirements, circulation flows, required back-of-house service areas, kitchens, laundries, front desk, detailed property requirements affecting the design and budget for new construction, existing property improvement plans and conversion and renovation projects.
  • Post Contract Services: responses to site queries, attending site progress meetings, providing co-ordination between the team completing the project and the hotel operational staff, establishing a pre-opening count down schedule and provide certification.

Project Phases:

  • Survey/Schematics
  • Development to Bid Documents
  • Construction/Contract Documents

We can deliver:

A Hotel Pre-opening Count Down Schedule clearly showing the sequence towards finish. This ensures that the contractor can allow for the phased take-over of areas, in the first place for installation of FF & E, and afterwards for training and pre-opening activity by the Operator, even before the completion of the Construction Schedule.

 

Technical Services

Hotel projects follow the same general sequence as other development projects, but with some important nuances. The property developers with an idea for a new hotel, or the desire to reposition one, must have hotel specialists such as the HSP Consultant Team to assist and to provide guidance and feedback during the following basic steps:

  • Evaluate the prospective site.
  • Complete a feasibility study.
  • Select the architect and specialist design consultants.
  • Prepare a Facilities Programme and Design Brief (concept statement, area programme, operational description, project budget).
  • Conduct Reviews of the project design (schematic, design development, construction documents).
  • Monitor construction and hand-over to the management team to ensure a timely and smooth hotel opening.

A building is a tool. It’s a piece of equipment that allows a hotel operator to deliver, efficiently and effectively, the hotel’s product and services to the guests. HSP teams will make an abstract assessment of the hotel’s performance requirements, and then develop creative and competitive approaches to the hotel operation.

We assist the developer to build hotels that cost less to construct and operate than a conventional building, showing the future of architecture and construction in the realm of green building and sustainable design. Through a technical services agreement, HSP will provide all guidance and other detailed hotel requirements affecting design and budget.

Design Reviews / Technical Services Case Studies

Feasibility Studies

Investment Appraisals / Forecasting

Do you know if your hotel or hotel division’s proposed long-term investments – including new construction or expansion, FF&E, plant and IT – are truly adding value? If not, our experts can provide the answer…

Based on their years of experience at the top levels of global hotel management, our team can unlock the mysteries of the balance sheet employing techniques including net present value and internal rate of return analysis, which use the forecast incremental cash flows from each potential investment as a basis for in-depth appraisal.

Adding specialised expertise to the skill-set of your own financial department, Hotel Solutions Partnership can drill down to the essence of any investment, using local and global knowledge to flesh out the numbers and put the financial outlay in context.

Major developments such as new hotels or resorts require a thorough analysis of ROI potential, factoring in build and FF&E against anticipated revenues, but even your existing operations can benefit from an objective financial evaluation prior to the commencement of any maintenance, upgrade or expansion projects.

Know what your dollar is buying, before you commit to any investment.

Investment Appraisals / Forecasting Case Studies

Operator Selection / Contract Negotiation

At Hotel Solutions Partnership, we use a tried and tested methodology to match owner-investors with the most appropriate hotel, club or spa brands and management companies. After Operator Selection, we request proposals, compare them and make recommendations about which should be pursued and what strategies work best for favourable outcomes, as well as which operators share the same ambitions, identifying the operating team or brand that can deliver the best return on your investment.

Drawing from our extensive list of contacts throughout the United Kingdom, Continental Europe, North America, and the Far East, our global database includes the full spectrum of hotel and hospitality companies from the large international chains through to the regional, boutique or bespoke independent operators.

Hotel Solutions Partnership can assist the hotel owner in negotiating commercial terms for technical services agreements, management contracts and/or franchise agreements.

Project Team Assembly – We help you select the architects, designers, speciality consultants, engineers and other professionals who can add the most value to your project. The ultimate decision is yours, and our job is to recommend individuals and companies who have the talent, resources and experience to bring your vision to life and ensure that any contract documentation is in order.

Once the team is engaged, we supervise the design process so that the collaboration results in a design package consistent with the business plan, operator requirements and local government planning guidelines.

Operator Selection / Contract Negotiation Case Studies

DEVELOPMENT CASE STUDIES