HOTOUR advises and supports project developers in all stages of the hotel development process, particularly by answering the following questions:

Is my site suitable for a hotel use and if so, for which one?

Depending on local circumstances and the market environment this question can be answered by applying a quick check or a pre-feasibility study.

Which operator is appropriate for my hotel project?

The first step during the operator search is the shortlisting of suitable operators, followed by a selection process in accordance with the client. Subsequently operators will be contacted.

Are the conditions of the operator’s lease offer realistic?

The broader scope of the lease can be clarified through a quick check. In order to achieve precise lease calculations a detailed analysis of the hotel project is necessary. The main factors to be evaluated are the specific site, local market conditions, hotel category and operating concept.

How can I get external finance for a hotel project?

Thanks to our excellent contacts to leading banks; HOTOUR provides advice during the search for a suitable financing partner, drafts the appropriate hotel-specific documents for the loan application, and prepares the required appraisals according to the specifications of the financing bank.

Which investor could be interested in my project?

Within the framework of a mandate for the sale / investor search the first step is to preselect potential investors in accordance with the client, followed by approaching them.

How can I keep construction costs under control?

As a hotel consultancy we support owners, especially during the planning phase, to avoid unnecessary construction costs. Above all, the appropriate size of the operation (no more rooms than the market permits), a sound concept (no redundant spaces) and the right functional procedures (arrangement of the functional units) are the major elements that need to be adjusted at an early stage. As soon as the broad concept has been established, the framework for the architect’s planning is set through the room and function program, which also sets the boundaries for potential operators to a feasible and necessary extent.

After the operator has been selected, we provide professional assistance throughout the entire project. Starting from hotel-specific planning until the final opening, we always keep cost control in mind.

What is FF&E and how do I handle it?

Fixtures, fittings and equipment are considered to be the interior of a hotel, usually from the interface of the refined shell. Diverging opinions of developers and operators regarding the allocation of FF&E items often cause unnecessary budget overruns and conflicts, which we help to avoid.