Understand how your project fits into the market.Before you embark on a repositioning effort for an existing hotel, or consider a new hotel development, you need accurate and carefully gathered data to allow you to analyze the hotel market, explore hotel potential, and develop an effective strategy for success.

Hotel Source, Inc., delivers practical and succinct hotel feasibility studies that are tailored to meet your exact needs. Customize your report by choosing from a range of key reporting elements we provide, including:

• Inspecting the hotel site location and its surrounding areas.
• Visiting each hotel that might be in competition with your hotel development.
• Choosing the most competitive hotel set.
• Analyzing data collected from your competitive set.
• Investigating brand possibilities and offering suggestions.
• Suggesting optimal hotel room count, amenities, retail, food and beverage, and banquet space.
• Determining how the repositioned or proposed hotel would fit within the existing hotel supply.
• Identifying potential demand generators.
• Providing comparable hotel sales data in the market and region.
• Reporting on any proposed hotel additions in the market.
• Creating an income and expense pro forma.

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