As part of town planning activities, hotel projects are always an option related to new land developments or an alternative use for existing properties. Based on our long-standing experience in advising municipalities, we know what really counts for cities regarding the development of hotels. We provide you with hotel and market specific insights as a basis for decision-making and prepare documents upon request, which can be used for public purposes.
Does the local market support a new hotel and is there sufficient demand?
We can show you whether it is worthwhile establishing a new hotel in your market. If the basic preconditions are given, a hotel market study can demonstrate the possible hotel concepts and feasible capacities.
Are the available sites or properties in a city suitable for a hotel development?
An initial quick check will provide a first overview whether available land or existing properties are appropriate for a hotel settlement. This serves primarily as an internal decision-making basis. Within a more comprehensive pre-feasibility study we provide you with results that are also suitable for approaching prospective investors or operators and integrate a potential analysis, if necessary.
Which potential hotel operators can be approached for a hotel project?
Especially in smaller, little-known locations it is often more difficult to find a suitable operator. Through our existing contacts and industry knowledge we can support you in the operator search. Nevertheless, a prerequisite to attract potential investors is a pre-feasibility study or hotel market study demonstrating the attractiveness and potential of the market.
What will be the effects of a hotel settlement on the location and the existing hotel market?
This question can be answered through a hotel market study, which serves the city, potential investors or hotel operators as a basis for future hotel projects and provides insights into the local hotel market.
How can the city influence accommodation demand in a sustainable way and simultaneously boost the local hotel market?
Within a hotel market study we analyze the location specific demand structure and highlight individual solutions that can be applied to raise local demand.
Can a hotel be realized in our city as part of a major project e.g. linked to a conference center?
Such projects, as implemented by cities more frequently these days, can be very promising. A pre-feasibility study can determine whether the demand created through the new infrastructure justifies a hotel development and in case of a positive result, which concept is best to be applied to make it successful in the long run.