As hotels and resorts are considered high-risk, high-reward investments, they can be among the most challenging to properly appraise and value. These businesses are a combination of real estate businesses and operating business that have economic sensitivity and high operating … more

Bringing the vision of a modern resort to life is an incredible undertaking with highs and lows built in. The list of hoops to jump through to do it properly can seem endless, and if they’re done incorrectly, or out … more

After years of economic turmoil, the worldwide market for commercial real estate and hotel development has steadily risen for more than a year. The rise in investment and increased tolerance for risk around the world has not been spectacular, but … more

When the complex relationships often involved in a hotel development deal become entangled and conflicting, it can spell disaster for all involved, even long after the actual development and construction phase is over and everything is firmly in the management … more

Getting into the hotel business is not like other investment opportunities. While the return on investment in hotel projects can be very attractive, the fact is hotel properties can be incredibly variable in their return on investment and other financial … more

Resort development seems like a win-win for everyone involved. Investors expect to make profits from the creation and management of a resort facility. Localities expect to profit from the increased tourism and increased tax base that a resort provides, plus … more

A hotel concession is a very valuable thing, whether it is a luxury facility in a beautiful tropical setting – or the rights to run accommodations at one of our nation’s spectacular national parks. A hotel concession with the National … more

A hotel development project is a huge machine with many moving parts that fit together in intricate ways – a machine that runs on money. You need capital to clear the way in zoning and design, capital to hire contractors, … more

Hotel development is a complicated project, and generally brings together a large number of investors who become partners in the endeavor. As a result, most hotel developments have a mixture of general partners who not only invest capital, but handle … more

Developing any sort of hotel is a lengthy process that involves a lot of time, expertise, and, of course, money. While the rewards are very attractive, the effort involved in getting there can be substantial. As a result, many hospitality … more