The Company's experience in preparing hotel feasibility studies has involved business planning matters, and specific project, portfolio, even enterprise levels of evaluation.
In fact, even where our services are of a more creative nature, we still monitor and evaluate potential financial feasibility - or cash solvency - throughout the ideation, planning, design, and construction process. Our work includes integrated marketing and financial feasibility analysis, for to-be-built and operating facilities and portfolios.
We also take the view that there are multiple stakeholders in most projects - the developers, space (end) users, local governments, and investors. Each party has unique issues and concerns with regard to feasibility, and deal structuring needs to reflect such concerns. A market or financial feasibility study is performed for proposed projects or for existing properties being considered for significant changes. The study is an analysis of market conditions, economic and demographic factors, and how they could affect the proposed project. The study estimates the operating performance of the proposed project and may suggest variations in size or scope that would improve performance.
StoneCreek Partners conducts feasibility studies to help hotel owners, hotel management companies, hotel developers and lenders make informed decisions by providing critical information about a specific concept or project, such as new construction, redevelopment or renovation of an existing facility, or reuse of underutilized or abandoned facilities. Lenders may require a feasibility study as part of a financing application. Developers, investors, owners, and managers may use a feasibility study in their planning process.
Working as hotel feasibility consultants the feasibility studies we provide represent the comprehensive summation of numerous analyses used to determine the viability of a project. StoneCreek sets the scope of our feasibility studies to the particular requiremetns of individual hotel projects. Nevertheless, our market and financial feasibility studies incorporate the following research and analysis:
Market Area Review
Evaluation of Competitors
Site Analysis
Supply and Demand Analysis
Position of the Subject Project in its Market
Estimated Financial Statements
Facilities Recommendations
