Project Development
The development phase is decisive for the success of a real estate project. Decisions made here can only be corrected in the further course of the project at enormous expense. In this critical phase, we help your company to create a solid basis for decision-making with our structured process.
HOTEL PROJECT DEVELOPMENT PROCESS
Our range of services in project development includes a large number of options, which can be used individually and in different forms for each project.
PRE-STUDY
Content
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Construction law clarifications
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Rough location and market analysis
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Determination of the existing market potential
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Identification of a possible positioning and requirements
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Economic representation of the optimal hotel for the location
Added values
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Short processing time (2 - 4 weeks) and low costs
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No third parties needed for clarification
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Well-founded basis for decision-making without great effort
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Optional: simulation of other uses possible (comparison)
STUDY
Content
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Carrying out a location and market analysis
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Definition of guest segments and positioning
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Description of the concept
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Economic proof of the concept by means of simulation
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Basics for the further process steps
Added values
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Sound derivation of the concept for further planning and marketing
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Economic project assessment
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Basic simulation as a benchmark for changes in planning, operator offers, project defense against third parties/authorities, etc.
DESIGN CONCEPT
Content
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Development of area and operationally efficient draft plans
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Evaluation of the designs using simulation
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Selection of basic design by client
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Accompanied implementation of the basic design by architects
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Optimization of the architects' planning based on economic parameters
Added values
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Structured planning with a focus on the financial performance of the project
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Thanks to clear specifications, shorter planning times in the concept phase
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Hotel-specific know-how in planning
ACQUISITION OPERATOR
Content
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Creation of the documentation and a multilingual teaser
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Identification of eligible brands with corresponding operators
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Process control, controlling and data exchange takes place via the partner portal
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Mapping of offers and standards in a simulation
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Creation of a draft contract and conduct of the contract negotiations
Added values
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Operator acquisition follows a standardized process
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Process acceleration through needs-based documentation
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Simulations of the offers create a transparent basis for decision-making
ACQUISITION INVESTOR
Content
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Preparation of the investment memorandum with attachments and the teaser
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Targeted evaluation of potential investors
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Controlling and the data room for due diligence on the partner portal
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Advice on deal structures, payment modalities, external financing, etc.
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Conducting negotiations with interested parties
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Participation in the drafting of the purchase contract and the final negotiations
Added values
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Due to the project participation since the beginning, competent contact persons
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Large international network of investors
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Professional and image-effective marketing of the project
PROJECT SUPPORT
Content
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Accompanying the project in the planning and implementation phase
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Ensuring the concept-true and economical planning and execution of the project
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Consulting with business management and hotel technology know-how
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Display of changes in the project in the simulation
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interface function; Builders, hotel operators, planners, entrepreneurs
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Interpretation of the negotiated contracts in the interests of the client.
added values
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Ensuring the economic success of the project
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Project controlling based on the key figures from the simulation
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Safeguarding the client's interests until the hotel opens
LIFECYCLE SERVICES
Content
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Monitoring and benchmarking of operational results
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Identification of improvement potential
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Verification of rental statements
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Balance sheet valuations of hotel properties
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Re-development when tenancies have ended
Added values
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Adequate monitoring of an operator property
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Early detection of risks and opportunities
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Rating according to international standards