Business Lines
Hotel Development
Permanent accompaniment and advisory from the conceptualization phase to the operational phase.
Having understood the scope and needs of your company and in order to achieve the objective that was established, it is beneficial to specify the different stages that should be met in the project to be developed.
These steps have been based on our company’s criteria, as defined below:
Preliminary stage
- Viability and projections for hotels, target markets and city potential.
- Recommendations for brands/franchise/concept
- Adjustments and market-based architectural concepts.
- Construction costs.
- Furniture, fixtures and equipments costs.
- Analysis of traditional factors of influence in the hotel industry (rate, occupancy, revpar, GOP and net profit).
- Impact of financial closing on hotel project profits.
- Shares in hotel co-property with regards to shopping mall (where applicable).
Intermediary stage
- Licensing and legal.
- Construction.
- Marketing plan design and brand development.
- Monitoring critical construction route.
- Design, follow-up and monitoring of the critical, pre-operative route.
- Planning for pre-opening and working capital budget.
- Definition of business model (operator, shared risk, etc.).
Operation stage
- Pre-opening.
- Contract according to business model.
- Pre-opening administration.
- Implementation of marketing plan.
- Operation of the establishment.
- PDCA.