Ritz-Carlton Hotel Portfolio
New York, Washington DC, Aspen and Houston, USA
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Feasibility study for required capital improvements program related to the Huntington Hotel Pasadena (now the Ritz-Carlton Hotel Pasadena). The hotel, owned by a major Japanese investment and development organization, was determined to require major life-safety upgrades as well as wide-ranging improvement to guest areas including rooms and restaurant areas.
Work included a market study, financial projections, capital improvements budget review, and an investment performance evaluation to justify required capital items. The objective was to determine the overall feasibility of various disposition or renovation alternatives in connection with a pre-litigation evaluation of Owner's options.
Client: Keiyku USA
