Hotel Development Life Cycle Takes Planning 2016533728762299155-blid-4186489411295217412

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Securing a lender for your hotel development project may be a step that comes later on in the development process, but it is something that must be planned for from the beginning, so that the development project can be successful. Among the things that lenders look for when they are determining whether or not to fund a project, includes the experience of the developer, the architect, design team and brand. Lenders will also be looking at the economic viability of the project, including the expected return on the investment, and the developer's likelihood of avoiding default if market conditions deteriorate...
from: http://ezinearticles.com/?Hotel-Development-Life-Cycle-Takes-Planning&id=8348229